06/09/15
Lesson 2- Why do countries trade?
Learning Objective: I can identify a limitation of the theory of comparative advantage.
DA: Distinguish between absolute and comparative advantage. Review of comparative advantage-Using the following data, identify which country has the absolute/comparative advantage and illustrate the production of each country. Shirts Bicycles China 1 2 Italy 3 5 Discuss the main export of various countries around the world. What gives a country a comparative advantage?
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