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Comparative Advantage and Gains from Specialization and Trade Tale of Two Builders

Comparative Advantage and Gains from Specialization and Trade Tale of Two Builders. Consider two people, Carl and Sam. Both are in the construction business. . Carl can build 2 brick houses in a month. But if he makes frame houses instead, he can build 4 frame houses in that month.

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Extra frame houses - PowerPoint PPT Presentation

Comparative Advantage and Gains from Specialization and Trade Tale of Two Builders