Assignment:
Q1. Why is it difficult to solve international economic problems in the short run?
Q2. What is the supposed economic benefit of embracing mercantilism as an international trade theory? Are there many disadvantages to the use of this theory?
Q3. How is the theory of absolute advantage similar to that of comparative advantage? How is it different?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.