International Trade (Part 2) – Comparative Advantage (video)

Looks like U.S. consumers may take it in the chin, once again, through protectionism… In this instance we’d be slapping tariffs on solar panels coming from China… This news inspired me to illustrate [for you] David Ricardo’s theory of comparative advantage…

http://www.youtube.com/watch?v=u76IgGY0Jsw&feature=youtube_gdata_player

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