How types of advantages related to concept of specialization


Problem

What is the difference between an absolute and a comparative advantage in international trade? How are both types of advantages related to the concept of specialization?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How types of advantages related to concept of specialization
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