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Posted: October 17th, 2023
DISCUSSION WEEK 8 -Comparative Advantage in International Trade
DISCUSSION WEEK 8 TOPICComparative Advantage in International TradeRead the articles:1) The Boomerang effect.http://www.economist.com/node/215528982) Comparative Advantage and American Jobs.http://online.wsj.com/article/SB10001424052748703555804576102500952966450.htmlYou are expected to make your own contribution in a main topic as well as respond with value-added comments to at least two of your classmates. You are encouraged to respond to other students as well as to your instructor. Choose one question to answer:1) Does the protection of one domestic industry harm another? Please explain.2) Why does comparative advantage matter more than absolute advantage for trade? Please explain.
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