Question: Comparative advantage is taught at the international level. However, the principle is applicable at the individual level, business level, state level, regional level, and international

Comparative advantage is taught at the international level. However, the principle is applicable at the individual level, business level, state level, regional level, and international level. From comparative advantage we have specialization.

For example, businesses are structured around having a comparative advantage: Walmart's comparative advantage is Low Prices, UPS' comparative advantage is Delivering Ground Packages, FedEx's comparative advantage is Delivering Express Overnight Packages.

Identify and discuss other businesses comparative advantages. Provide examples to support your thoughts.

Consider what this means for you as an individual. What is your comparative advantage? Provide an example to support your thoughts.

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