Comparative Advantage Lesson
This series of slides presents the production possibilities frontiers for Alphatown and Omegaville and illustrates their comparative advantage in the production of apples and potatoes, leading to specialization and trade.
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Education Level:
9-12
,
College
Subjects:
AP Economics
,
Economics
Concepts:
Trade/International Trade
,
Opportunity Cost
Resource Types:
Lesson
,
SMART/Promethean/Whiteboard
,
PowerPoint
Languages:
English
