Title: How Trade Helps Each Side (Video Q&A)
Course: Alabama Economics Sample Syllabus > Section: Unit 12: Trade

Description: International trade encourages each country to specialize in what it produces best using the least amount of resources, known in economics as "comparative advantage." This video, brought to you by the Peterson Institute of International Economics, illustrates this concept by imagining the countries as chefs producing different kinds of food. See how trade helps both sides be more productive.

Estimated Completion Time: 5 minutes