SuperTutor

(15)

$15/per page/Negotiable

About SuperTutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Business & Finance See all
Accounting,Business & Finance,Economics,Engineering,HR Management,Math Hide all
Teaching Since: Apr 2017
Last Sign in: 237 Weeks Ago
Questions Answered: 12843
Tutorials Posted: 12834

Education

  • MBA, Ph.D in Management
    Harvard university
    Feb-1997 - Aug-2003

Experience

  • Professor
    Strayer University
    Jan-2007 - Present

Category > Economics Posted 17 May 2017 My Price 8.00

misconceptions of the theory of comparative advantage

1. One of the misconceptions of the theory of comparative advantage is that international trade
causes exploitation of countries that pay low wages. Do you agree with this? If you were a
Mexican worker working in one of the Gap or Wal-Mart sweatshops in Mexico making a
"guaranteed" dollar an hour, would you call that exploitation? 2. Explain David Ricardo's theory of comparative advantage. How does comparative advantage
differ from absolute advantage? What is the relationship between comparative advantage and
gains from trade? 3. Define both internal and external economics of scale. How do economies of scale play into
trade between two countries with one factors of production? 4. Consider the role of resources in international trade. Do you believe the rise of globalization
has caused the outsourcing of manufacturing jobs within the United States, or is this a natural
progression due to the technological era we are in? What trade legislation has affected items
that are “Made in America”?

Answers

SuperTutor
(15)
Status NEW Posted 17 May 2017 12:05 AM My Price 8.00

-----------

Attachments

file 1494983005-Solutions file.docx preview (56 words )
S-----------olu-----------tio-----------ns -----------fil-----------e -----------Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k y-----------ou -----------for----------- yo-----------ur -----------int-----------ere-----------st -----------and----------- bu-----------yin-----------g m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l b-----------e q-----------uic-----------kly----------- on-----------lin-----------e a-----------nd -----------giv-----------e y-----------ou -----------exa-----------ct -----------fil-----------e a-----------nd -----------the----------- sa-----------me -----------fil-----------e i-----------s a-----------lso----------- se-----------nt -----------to -----------you-----------r e-----------mai-----------l t-----------hat----------- is----------- re-----------gis-----------ter-----------ed -----------on-----------th-----------is -----------web-----------sit-----------e. ----------- H-----------YPE-----------RLI-----------NK -----------&qu-----------ot;-----------htt-----------p:/-----------/wo-----------rkb-----------ank-----------247-----------.co-----------m/&-----------quo-----------t; -----------\t -----------&qu-----------ot;-----------_bl-----------ank-----------&qu-----------ot;----------- -----------Tha-----------nk -----------you----------- -----------
Not Rated(0)