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What is the international trade?

What does the domestic price that prevails without international trade tell us about a nation's comparative ad

  • What does the domestic price that prevails without international trade tell us about a nation's comparative advantage?

  • Answer:

    If the price is different then we have one. Remmeber even if we are better at producing both goods A and B, we can still be better off by letting another country consentrate on producing B and us specialize in producing A. The way that happens is through trade.

angel_ra... at Yahoo! Answers Visit the source

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It tells us that Walmart and its Chinese subsidiaries have not yet spotted the glitch. Bah humbug globalism and international trade. Kudos for America, protectionism and a resurgence of nationalism.

Steve C

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