ECO 305 Week 4 Assignment 1 – International economics Part 1
Write a 4-6 page paper in which you:
- Explain the concept of comparative advantage and the principle theories of why trade occurs.
- Analyze and discuss the sources of comparative advantage in national economies.
- Analyze the international movement of productive factors in order to identify business
opportunities and/or threats. - Explain the economic effect of tariffs, nontariff barriers, and various forms of trade policies adopted by national governments.
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