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Research Trade-offs, Comparative Advantages, and the Market System. Summarize your article (at least one paragraph) and include the link to your chosen article. Chapter2 -

  1. Research Trade-offs, Comparative Advantages, and the Market System. Summarize your article (at least one paragraph) and include the link to your chosen article.
  2. Chapter2 -
    • Question 1) What is an absolute advantage? What is comparative advantage? Is it possible for a country to have a comparative advantage in producing a good without also having a decisive advantage? Briefly explain.
    • Question 2) What other points in the chapter did you find interesting? (At least 1 paragraph)
  3. Chapter 4 -
    • Question 1) What is economic efficiency? Why do economists define efficiency in this way?
    • Question 2) What other points in the chapter did you find interesting? (At least 1 paragraph)

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