Question: 1. Explain the differences between the principle of absolute advantage and comparative advantage. Illustrate your answer with a real-world example. Type your answer here

1. Explain the differences between the principle of absolute advantage and

comparative advantage. Illustrate your answer with a real-world example. Type your answer

1. Explain the differences between the principle of absolute advantage and comparative advantage. Illustrate your answer with a real-world example. Type your answer here

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