Comparative advantage as a basis for international trade


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If you pay attention to many of the products and services that you are using, their origin may not be in United States. For instance, the athletic shoes you wear are probably made in China, Vietnam, or other East Asian country, your casual shirts are probably stitched in Bangladesh, the customer service call to your computer company is probably being routed to India, if you are flying to Europe for Summer vacation then you may be flying on some International airline carrier, etc. The list is endless when it comes to our consumption of foreign made goods and services. Same is true for most foreign residents as well in the sense that they also consume goods and services not made in their respective countries.

"Comparative advantage as a basis for international trade."

Why do People (or countries) Trade? How is that a good (Bad) thing?

Find, read and cite at least one news article that discusses international trade.

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International Economics: Comparative advantage as a basis for international trade
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