International Trade Philosophy:
Your essay should include the following:
1) Compare absolute advantage, comparative advantage, and the Ricardian model.
2) Determine and argue which one of the philosophies is best for a nation state in terms of trade, and use sources to back up this claim.
The essay should be at least 500 words in length. This does not include references. You are required to use your textbook as source material for your response in addition to outside sources. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. The paper must be written using the MLA style of writing.