Krugmans Economics For Ap Vocabulary Assignment

ESSENTIAL QUESTION: How does trade promote specialization?

·         Comparative Advantage

o    OC = L/G

·         Absolute Advantage

·         Terms of Trade

·         Relative Price

·         Gains from Trade

QuickNotes: Unit 1 Powerpoint Lesson 5

Assignment: Complete the Comparative Advantage worksheet.

Answers must be In Your Own Words.

This MUST be turned in at the END of class -- any assignment turned after class will be penalized 1 point

Новые обязанности Сьюзан были засекречены, в том числе и для многих людей в высших эшелонах власти. - Шифры, - задумчиво сказал Беккер - Откуда ты знаешь, с чего начинать. То есть… как ты их вскрываешь.

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