Consider the theories of absolute and comparative advantage


Why do people trade?  When answering this question consider the history of trade and how trade has influenced history.  Consider the theories of Absolute and Comparative Advantage.  Incorporate thoughts on the Ricardian model, Heckscher (1919) – Olin (1933) Theory, Leontief Paradox and the New Trade Theory.

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Financial Management: Consider the theories of absolute and comparative advantage
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