Is absolute advantage or comparative advantagemore important for trade? Explain your reasoningusing the example in your answer to question 3.

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains Rrom Trade
Section: Chapter Questions
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Is absolute advantage or comparative advantage
more important for trade? Explain your reasoning
using the example in your answer to question 3.

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