DIscussions due at 3pm pacific time on 8/5/2017, questions due on 8/6/17
DIscussion:
absolute and comparative advantage are defined and explained with the use of examples. One source of comparative advantage is a pure technological difference between countries. What are some other differences that might drive comparative advantage? Provide concrete examples from countries that are familiar to you. 200 words.
Discussion:
How do you prioritize which of your wants to satisfy in what order with your limited resources? Feel free to provide examples, either real or imagined. 200 words
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