Assume that you were a small country, what would you rather have a comparative or absolute advantage with trading? Explain your reasoning.
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Assume that you were a small country, what would you rather have a comparative or absolute advantage with trading?
What is your opportunity cost of taking this economics course? How does the role of scarcity influence decisions that you have to make?
2) Assume that you were a small country, what would you rather have a comparative or absolute advantage with trading? Explain your reasoning.