Difference between absolute advantage-comparative advantage

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1. What’s the difference between ‘Absolute Advantage’ and ‘Comparative Advantage’? Give examples.

2. What’s the difference between the WTO and the World Bank? Discuss if they are mutually exclusive or if they work together. Provide examples.

3. What does it mean to be a professional in the aviation industry? Give at least two examples of aviation industry employees you believe must act professionally, and explain why.

Reference no: EM131432900

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