Question: Advanatage and Comparative Advanatage What is the difference between absolute advantage and comparative advantage? Why do nations trade with each other? How do nations choose

Advanatage and Comparative Advanatage What is the difference between absolute advantage and comparative advantage? Why do nations trade with each other? How do nations choose the product in which they specialize? If there is no trade will there be a benefit from specialization? What are the barriers to trade? Why nations inhibit trade? How is the price at which two countries trade with each other determined

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