Why does the united states not have an absolute advantage

Reference no: EM133466218

Problem: Principles of Microeconomics

Question A. Are differences in geography behind the differences in absolute advantages?

Question B. Why does the United States not have an absolute advantage in coffee?

Question C. Why might a low-income country put up barriers to trade, such as tariffs on imports?

Question D. Can a nation's comparative advantage change over time? What factors would make it change?

Question E. What's the difference between economic immigrants, legal immigrants, and illegal immigrants? Do immigrants help or hurt the economy. Explain.

Reference no: EM133466218

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