Quotulatiousness

August 27, 2015

Comparative Advantage Homework

Filed under: Economics — Tags: , , , , , — Nicholas @ 02:00

Published on 25 Feb 2015

Make sure you’ve completed the homework introduced in the Comparative Advantage video before you watch this video, as we’ll be going over the answer. We take a look at our example which compares shirt and computer production and consumption in Mexico and the United States. At the end of this video, you’ll have a better understanding of why it makes sense for countries to engage in trade.

Related posts:

  1. Comparative Advantage
  2. The difference between money and wealth
  3. Markets Link the World
  4. Mexico to try market solution to drug wars
  5. Check your homework, says the dog

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