Principle theories of why trade occurs

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Reference no: EM13108656

Write a paper in which you:

1. Explain the concept of comparative advantage and the principle theories of why trade occurs.

2. Analyze and discuss the sources of comparative advantage in national economies.

3. Analyze the international movement of productive factors in order to identify business opportunities and/or threats.

4. Explain the economic effect of tariffs, nontariff barriers, and various forms of trade policies adopted by national governments.

Reference no: EM13108656

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