Final Team Paper - decision on which goods would be...

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List at least one advantage and one limitations of International  Trade as identified in the simulation One advantage of International Trade as identified in the  simulation comparative advantage, with comparative advantage  the policy makers in a country can compare opportunity costs of  domestic versus foreign products and can make an educated 
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Unformatted text preview: decision on which goods would be advantageous to import or export. One limitation of International Trade as identified in the simulation is the dumping of goods, in the simulation it is the dumping of watched from Suntize to Rodamia which hurt the domestic sales of watches....
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This note was uploaded on 06/10/2011 for the course BUSINESS mgt 521 taught by Professor Klein during the Spring '10 term at University of Phoenix.

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