Related articles:
Trade
Economics
Absolute advantage
David Ricardo
Paul Samuelson
Corn Laws
Paul Krugman
Key terms:
trade
tonne
food
produce
clothes
production
goods
countries
capital
why
economics
factor
labor
price
comparative advantage
benefit
southland
northland
wine
economies
portugal
opportunity cost
lawyer
exchange
specialize
suppose
resources
principles
relative
explains
labour
activities
consume
ricardo
perfect
assumption
reasoning
two goods
abundance
two countries
immobility
one tonne of food
absolute advantage
each country
tonnes of food
one tonne of clothes
between the two
full employment
factors of production
international trade
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