Question: 1) What is the difference between the free trade theories of absolute advantage and comparative advantage? How can global efficiency improve as a result of

1) What is the difference between the free trade theories of absolute advantage and comparative advantage? How can global efficiency improve as a result of free trade? Please note that the more you explain about the topic and give examples, the more points you score. 2) When managers analyze an economic situation of a country what general attributes should they consider? What particular factors enable administrators to gauge the economic development, performance, and potential of a nation? Please note that the more you explain about the topic and give examples, the more points you score

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