Compare and contrast absolute and comparative advantage

Assignment Help Management Information Sys

Reference no: EM132256290

Prompt

Now with these things in mind - and having read and studied Chapters 33 and 34 of our text - Please choose ONE of the following. Your response should be 600 words long.

1) Compare and contrast Absolute and Comparative Advantage - and discuss how each relates to gains from trade.

2) Explain how trade barriers save jobs in protected industries, but only by costing jobs in other industries.

3) What might account for the dramatic increase in international trade over the past 50 years?

Formatting Requirements

1. Use APA format to cite and reference research information from the textbook and one other source.

2. The paper should be in APA format with 1" margins, double-spaced, and Times New Roman 12 pt. font.

3. Total use of resources should account for no more than 20% of your paper. The majority of the paper should be your own thoughts and words.

Reference no: EM132256290

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