Posted: March 26th, 2017

List at least one advantage and one limitation of international trade

Write a 1,050 to 1,250 word report advising the President of Rodamia making recommendations for international trade. Address the following: * List at least one advantage and one limitation of international trade you encountered in the simulations. * Define absolute and comparative advantage in your own words. * Explain how absolute and comparative advantages were used in your simulation. * Describe the influences affecting foreign exchange rates.