Explain the theory of comparative advantage

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Explain the theory of Comparative advantage?

A critical aspect of successfully completing this course is regular, substantive, and meaningful participation and contribution inside the weekly conferences. In your response to my question of the week, you must demonstrate that you have read the required, back your statements with facts, provide an analysis of the issue, and certainly make clear your point of view. Also, please try to post more than three sentences especially if you are responding to your fellow students. Note that you are required to comment on at three two of your fellow students' posting. Problem Set:

Explain what impact you think an increase in the interest rate will have on the economy, give specific example.

Discussion Topic:

The Federal Reserve controls the nation's money supply. Explain why did the Fed change their discount policy?

Discussion Topic:

Government spending can also increase output and economic activity. Identify an area in which you think government needs to spend and explain the impact of such spending.

Reference no: EM132373213

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