'Absolute disadvantage' presentation slideshows

Comparative Advantage, Absolute Advantage, Specialization and Trade

Comparative Advantage, Absolute Advantage, Specialization and Trade. Comparative Advantage. A situation in which a person or country can produce a specific product at a lower opportunity cost than some other person or country This is the basis for specialization and trade Example:

653 views • 32 slides

INTERNATIONAL BUSINESS, TACTICS AND STRATEGY DR. KIP BECKER BOSTON UNIVERSITY

411 views • 23 slides

International Economics By Robert J. Carbaugh 9th Edition

International Economics By Robert J. Carbaugh 9th Edition. Chapter 2: Foundations of Modern Trade Theory. Foundations of trade theory. Historical development of trade theory. Mercantilism (1500-1800) Nation building process Advocated government regulation of trade

499 views • 21 slides

Chapter 3: Comparative Advantage

Chapter 3: Comparative Advantage. An Introduction to International Economics: New Perspectives on the World Economy. Comparative Advantage: Analytical Elements. Countries Sectors Factors of production. Review of PPFs.

659 views • 20 slides

DEBATING TRADE

431 views • 17 slides