Please read the following instructions carefully before starting:

The normal policy on plagiarism applies.

The report must use correct sentence structure and spelling. As a guideline, assignments should be approximately 1,000 words in total.

Resource Materials: Schumacher, R. Free Trade and Absolute and Comparative Advantage A Critical Comparison of Two Major Theories of International Trade

Challenge:

Consider the two trade theories that we reviewed in class (Absolute and Comparative Advantage). Can you see these active in your own lives? Please reflect on any major purchases that you have been involved in with either your personal lives or professional experiences. Do you see elements of these theories active in your decision-making process? Do you see any of these theories playing a part in future decisions about purchasing?

This assignment is meant to be 100% original based on your own connection to the theories presented. This is an important point: Do not include a description of what the two trade theories are. You need to assume that the reader (me) is familiar with both trade theories (which is true!).