Question: Answer all questions Distinguish between absolute and comparative advantage. (6 marks) Explain THREE [3) barriers to international trade. (6 marks) Describe TWO [21 measures that

Answer all questions

Distinguish between absolute and comparative advantage. (6 marks) Explain THREE [3) barriers to international trade. (6 marks) Describe TWO [21 measures that can be used by a government to correct a decit on the current account of its country's balance of payments. (8 marks)

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