Absolute and Comparative Advantage

A brief introduction to the theory of comparative advantage and its importance in international trade.
Check out the other videos in my political economy series at • International Politica... .
Table of Contents:
00:23 - Absolute Advantage
01:51 - Absolute Advantage
02:25 - Absolute Advantage
03:27 - Comparative Advantage
07:46 - Production Possibilities Frontiers
08:25 - Production Possibilities Frontiers
10:04 - Production Possibilities Frontiers
10:50 - Comparative Advantage