Unit 1: Economics and Globalization

Lesson 20a: Why We Trade - Comparative Advantage

Assignments: Readings

Ch. 20, pp. 442-452 (19th, 398-407), "Some Key Trade Facts", "The Economic Basis for Trade", "Comparative Advantage" "The Mystical Power of Free Trade" http://www.cnn.com/ALLPOLITICS/time/1999/12/06/free.trade.html VERY USEFUL: Lecture Outline

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