Assignment
Prompt
Now with these things in mind - and having read and studied- Choose ONE of the following. Your response should be 600 words long.
1) Compare and contrast Absolute and Comparative Advantage - and discuss how each relates to gains from trade.
2) Explain how trade barriers save jobs in protected industries, but only by costing jobs in other industries.
3) What might account for the dramatic increase in international trade over the past 50 years?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.