Explain the significance of exports imports absolute
Question: 1. Explain the significance of exports, imports, absolute advantage, and comparative advantage.
2. Describing How do specialization and trade benefit both trading partners?
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this assignment will assess the following learning outcomes1 an understanding of a variety of international
order descriptionplease label each answer and answer each question in full brieflyuse the internet to research two 2
question 1 explaining why does total world output increase as countries specialize to engage in trade2 the big idea
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question 1 explain the significance of exports imports absolute advantage and comparative advantage2 describing how do
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question assume that the united states is running a large trade deficit what predictions would you make about future
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