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DISCUSSION WEEK 8 Comparative Advantage in International Trade

Published on January 2018 | Categories: Science Fiction & Fantasy | Downloads: 44 | Comments: 0
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Read the articles: 1) The Boomerang effect. http://www.economist.com/node/21552898 2) Comparative Advantage and American Jobs. http://online.wsj.com/article/SB10001424052748703555804576102500952966450.html --- Choose question to answer: A) Does the protection of one domestic industry harm another? Please explain. B) Why does comparative advantage matter more than absolute advantage for trade? Please explain. C) How does the H1-B visa program in the USA alter the comparative advantage of workers already in the US?

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Read the articles: 1) The Boomerang effect. http://www.economist.com/node/21552898 2) Comparative Advantage and American Jobs. http://online.wsj.com/article/SB10001424052748703555804576102500952966450.html --- Choose question to answer: A) Does the protection of one domestic industry harm another? Please explain. B) Why does comparative advantage matter more than absolute advantage for trade? Please explain. C) How does the H1-B visa program in the USA alter the comparative advantage of workers already in the US?

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