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DISCUSSION WEEK 8 Comparative Advantage in International Trade Read the articles: 1) The Boomerang effect. http://www.economist.com/node/21552898 2)...
DISCUSSION WEEK 8 Comparative Advantage in International Trade
Read the articles:
1) The Boomerang effect.
http://www.economist.com/node/21552898
2) Comparative Advantage and American Jobs.
http://online.wsj.com/article/SB10001424052748703555804576102500952966450.html
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Choose question to answer:
A) Does the protection of one domestic industry harm another? Please explain.
B) Why does comparative advantage matter more than absolute advantage for trade? Please explain.
C) How does the H1-B visa program in the USA alter the comparative advantage of workers already in the US?