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Chemistry LibreTexts

16.22: Outcome- Comparative and Absolute Advantage

  • Page ID
    249462
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    What you’ll learn to do: define and calculate comparative and absolute advantage

    In this section, you will learn about the basics behind international trade and why it is helpful for countries to specialize in production of particular goods or services.

    LEARNING ACTIVITIES

    The learning activities for this section include the following:

    • Reading: Introduction to International Trade
    • Reading: Absolute Advantage
    • Reading: Absolute and Comparative Advantage
    • Reading: Intra-Industry Trade
    • Reading: Reducing Barriers to Trade
    • Self Check: Comparative and Absolute Advantage

    Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.

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    16.22: Outcome- Comparative and Absolute Advantage is shared under a not declared license and was authored, remixed, and/or curated by LibreTexts.

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