The theory of comparative advantage states that gians from trade may be had if countries specialize and optimize their opportunity costs? Is opportunity cost the key to international trade in the real world? if so why?
Should the government balance its budget? If you think it should, what steps do you suggest that it take in order to balance its budget? What would be the affect on you if it takes steps to balance its budget, or what would be the affect on you if it does not?