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Economies trade - PowerPoint PPT Presentation

Comparative Advantage and Trade

Comparative Advantage and Trade. Why do economies trade?. Graph the Following PPC. Answer the Following:. What is the slope of the curve? What is the opportunity cost of producing a pack of gum? What is the opportunity cost of producing a chocolate bar? Calculate the area under the curve.

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Economies trade - PowerPoint PPT Presentation

Comparative Advantage and Trade