Explain comparative advantage and how it determines the items traded and the direction of trade (who sells what to whom)
REQUIRED TEXT: ?Managerial Economics, 7th edition, W.F. Samuelson & S.G. Marks, John Wiley & Sons,2012. ISBN:978-1-118-04158-1
Essays should be about 350 words in length and should address all parts of the question.
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