Explain the comparative advantage trade theories

Reference no: EM132664184

Question 1. Choose five U.S. government policies that affect trade with foreign nations. Identify three factors of production, and describe how their mobility is good or bad for U.S. trade

Question 2. Distinguish between absolute advantage and comparative advantage trade theories and give examples

Question 3. Choose either the TPP or the T-TIP free trade agreement and describe which other countries have signed on and why the U.S. Senate should ratify or not ratify the agreement. Also, explain how regional trading groups influence organizations.

Reference no: EM132664184

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