Absolute and Comparative Advantage

A brief introduction to the theory of comparative advantage and its importance in international trade.
Check out the other videos in my political economy series at • International Politica... .
Table of Contents:
00:23 - Absolute Advantage
01:51 - Absolute Advantage
02:25 - Absolute Advantage
03:27 - Comparative Advantage
07:46 - Production Possibilities Frontiers
08:25 - Production Possibilities Frontiers
10:04 - Production Possibilities Frontiers
10:50 - Comparative Advantage

[@dhrubaintisher8169]

This playlist is EVERYTHING. Thank you.

[@alaeasri7912]

I am a second year student in international trade and economy ( bachelor program ) and i find your videos very useful . I cant thank you enough teacher ♥️

[@NoahZerbe]

Glad you've found them helpful. Thanks for watching!

[@abramjones9091]

Palau's industries can undersell Kiribati's industries. Kiribati's industries then are removed or become weaker... Palau's industries are then able to both increase market share and buy Kiribati assets

[@jasimkhan6219]

Kindly make more videos on international political economy

[@NoahZerbe]

I'll see what I can do. Thanks for watching!