Question: 1. Explain when a country has a comparative advantage over another country. 2. Use the law of comparative advantage to determine what goods countries will

1. Explain when a country has a comparative advantage over another country.
2. Use the law of comparative advantage to determine what goods countries will specialize in.
3. Explain how two countries determine their terms of trade.
4. Explain how market forces lead countries to specialize and trade.

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