Which one would focus on comparative advantage


Problem

You are the president of a small country. You seek a great trade deal that will net your nation $10 billion, as well as $20 billion for your allies who are also economic competitors. One of your ministers is a mercantilist, while another minister is a free trader. What advice would each give you? What arguments would support their views? Which one would focus on comparative advantage - and what is that, exactly? Whose advice would you take?

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