What economic policies strengthen comparative advantage

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Reference no: EM133235116

Question - Absolute Advantage in USA and France Discussion

Description - Over the years, economic theories have developed to provide the current framework for the basis of trade, terms of trade, and gains from trade.

Select two countries of your choice other than Saudi Arabia and appraise their absolute advantages.

Then, compare and contrast these countries' comparative advantage(s).

What economic policies will strengthen the comparative advantage of these two countries?

Will the global supply contribute to an expansion or a contraction of the comparative advantage? Why?

Reference no: EM133235116

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