What is the law of the comparative advantage

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A. Is a strong dollar always good? Is a weak dollar always bad? Who are the winners and losers of an appreciating or depreciating dollar?

B. What are foreign exchange rates all about, and how do they work?

C. What is the Law of the Comparative Advantage? How can this law explain gains from trade?

D. Why would a cheap dollar relative to other nations' currencies be good or bad for the U.S. trade?

Reference no: EM13771618

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