Define and explain the theory of comparative advantage

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1. Define and explain the theory of comparative advantage.

2. Key to understanding most theories is what they say and what they don’t. Name four or five key limitations to the theory of comparative advantage.

3. How does ownership alter the goals and governance of a business?

4. Explain the assumptions and objectives of the shareholder wealth maximization model.

5. Explain the assumptions and objectives of the stakeholder wealth maximization model.

Reference no: EM131188591

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