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What are comparative and absolute advantage? Why is comparative advantage, in your opinion, relevant for international trade?
What are comparative and absolute advantage? Why is comparative advantage, in your opinion, relevant for international trade?
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Comparative advantage and absolute advantage are both concepts in economics that describe the ability of a country individual or firm to produce a goo...
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
