Assignment:
1. Explain the concept of comparative advantage and the principle theories of why trade occurs.
2. Analyze and discuss the sources of comparative advantage in national economies.
3. Analyze the international movement of productive factors in order to identify business opportunities and/or threats.
4. Explain the economic effect of tariffs, nontariff barriers, and various forms of trade policies adopted by national governments.
Your assignment must:
? Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
? Include a cover page containing the tile of the assignment, the student's name, the professor's
name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
? Explain the concept of comparative advantage and the principle theories of why trade occurs.
? Analyze the sources of comparative advantage in national economies and the international ovement of productive factors to identify business opportunities/threats.
? Explain the economic effect of tariffs, nontariff barriers, and various forms of trade policies adopted by national governments.
? Use technology and information resources to research issues in international economics.
? Write clearly and concisely about international economics using proper writing mechanics.