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Podcast: Principles of Microeconomics (Video)
Episode:

Another Look at Comparative Advantage
Category: Education
Duration: 00:12:24
Publish Date: 0000-00-00 00:00:00
Description: Comparative advantage explains why people trade and what goods they should trade. To illustrate the concept of comparative advantage, we ask: Should Martha Stewart iron her own shirts? Even if Martha Stewart has an absolute advantage in ironing shirts,...
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