Considering the two trade theories (Absolute and Comparative Advantage). How can one see these active in their
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Question:
Considering the two trade theories (Absolute and Comparative Advantage). How can one see these active in their own lives? Please elaborate on any major purchases that one could have been involved in with either their personal lives or professional experiences. Are the elements of these theories active in the decision-making process? Are any of these theories playing a part in future decisions about purchasing?
(Atleast thousand words)
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