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2. Introductory Economic Models

PPF - Comparative Advantage and Absolute Advantage

2. Introductory Economic Models

PPF - Comparative Advantage and Absolute Advantage

Guided videos.

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Go to the course

Two PPFs, Specialization, and Absolute Advantage

Two PPFs, Specialization, and Absolute Advantage

Opportunity Costs and Comparative Advantage

Opportunity Costs and Comparative Advantage

Additional 7 creators.

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absolute and comparative advantage

absolute and comparative advantage

Absolute Advantage vs. Comparative Advantage

Absolute Advantage vs. Comparative Advantage

Professor Dave Explains

Investopedia Video: Absolute Advantage

Investopedia Video: Absolute Advantage

Mini video: Absolute advantage and comparative advantage (1)

Mini video: Absolute advantage and comparative advantage (1)

Gains From Trade

Gains From Trade

The Economics Detective

Trade Theory Absolute Advantage

Trade Theory Absolute Advantage

International Business Studies

Absolute Advantage vs. Comparative Advantage

Absolute Advantage vs. Comparative Advantage

Professor Dave Explains

Law of Comparative Advantage

Law of Comparative Advantage

Comparative Advantage

Comparative Advantage

Marginal Revolution University

Comparative Advantage Explained

Comparative Advantage Explained

Comparative Advantage and the Tragedy of Tasmania

Comparative Advantage and the Tragedy of Tasmania

Marginal Revolution University

Another Look at Comparative Advantage

Another Look at Comparative Advantage

Marginal Revolution University

Mini video: Absolute advantage and comparative advantage (1)

Mini video: Absolute advantage and comparative advantage (1)

Comparative Advantage, Terms of Trade, and Gains from Trade

Comparative Advantage, Terms of Trade, and Gains from Trade

Teach Me Economics with Darren Landinguin

Tyler Cowen's Idea #3: Gains from Trade

Tyler Cowen's Idea #3: Gains from Trade

Marginal Revolution University

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Practice this topic

Multiple Choice

Who has the absolute advantage in making scrambled eggs?

Multiple Choice

Who has the absolute advantage in making fresh squeezed orange juice?

Multiple Choice

Who has the comparative advantage in making scrambled eggs?

Multiple Choice

Who has the comparative advantage in making fresh squeezed orange juice?