My homework: Come up with 2/3 products or services that are traded between countries and are a

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My homework: Come up with 2/3 products or services that are traded between countries and are a good example of theory of comparative advantage. For each example:

a. Identify the countries involved

b. Which country has the absolute advantage? Why?

c. Which country has the comparative advantage? Why?

d. Do you think they are key elements in their respective economies? Why?

I would like to select US and Germany - In Cars, Beer and renewable energy like solar system

Related Book For answer-question

Intermediate Algebra

ISBN: 9780134895987

13th Edition

Authors: Margaret Lial, John Hornsby, Terry McGinnis

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Posted Date: Mar 03, 2024 05:58 PM

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My homework: Come up with 2/3 products or services that are traded between countries and are a

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Comparative Advantage Examples US vs Germany 1 Cars a Countries Involved United States US Germany b Absolute Advantage US The US might have an absolut... View the full answer

Intermediate Algebra

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