DISCUSSION WEEK: Comparative Advantage in International Trade
Read the articles:
1) The Boomerang effect.
https://www.economist.com/node/21552898
2) Comparative Advantage and American Jobs.
https://online.wsj.com/article/SB10001424052748703555804576102500952966450.html
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?