Distinguish between absolute advantage and comparative advantage trade theories and give examples
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For this assignment, write an essay that addresses each of the following points:
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Choose five U.S. government policies that affect trade with foreign nations. Identify three factors of production, and describe how their mobility is good or bad for U.S. trade
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Distinguish between absolute advantage and comparative advantage trade theories and give examples
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Choose either the TPP or the T-TIP free trade agreement and describe which other countries have signed on and why the U.S. Senate should ratify or not ratify the agreement.