Question: a. Compare and contrast absolute advantage and comparative advantage b. Explain when we would see countries importing items from another country that is less efficient

a. Compare and contrast absolute advantage and comparative advantage b. Explain when we would see countries importing items from another country that is less efficient at producing that item. c. Do you agree that trade is beneficial to both countries ? 3. Do you agree with the following statement? " An increase in price causes a decrease in demand" Explain why or why not

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