Comparative Advantage Slides
Learn about production possibilities frontiers, comparative advantage, specialization, and trade.
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Reading Q&A
16-30 min
How Do Imports Affect GDP?
OVERVIEW
The current “textbook treatment” of how international trade is measured as part of GDP can lead to misunderstanding the role trade plays in the economy. This reading assignment intends to correct misconceptions and provide clear instruction of how imports affect GDP. Print the article.
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VIDEO Q&A
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AUDIO Q&A
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Trade: Why Do Nations Trade?
Visualize key components of international trade.
