Elucidate how absolute also comparative advantage

Assignment Help Business Economics

Reference no: EM1321688

Q. Assignment: International Trade Simulation

• Resource: International Trade Simulation

• Due Date: 1 Oct [Assignment Section of campus]

• Complete the International Trade Simulation.

• Write a 1,050- to 1,250-word report in APA format advising the President of Romania making recommendations for international trade. Address the following:

List at least one advantage also one limitation of international trade you encountered in the simulation.

Define absolute also comparative advantage in your own words.

Elucidate how absolute also comparative advantage was used in your simulation.

Describe the influences affecting foreign exchange rates.

Reference no: EM1321688

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