What role does it play in international trade

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Reference no: EM131009987

1. What is comparative Advantage? What role does it play in international trade?

2. Name and explain two sources of U.S. comparative advantage.

3. What effect does currency depreciation / appreciation have on a appreciation have on a coconut export trade.

4. Define and give an example of the resource curse.

5. State two differences between a tariff and a quota.

6. What is dumping and why was it made illegal?

Reference no: EM131009987

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