Define and distinguish between absolute and comparative advantage and explain how most trade occurs because of a comparative advantage in the production of a particular good or service. (E, G)
Standard detail
E.55
Depth 1Parent ID: 0B6DA3F04073460D913DDD6E6DA5E1A3Standard set: Economics: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- E.55
- Standard ID
- 2AB3EB27841843A5BAEC39AEC2C57483
- ASN identifier
- S2579995
- Subject
- Social Studies (2013-2017)
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 0B6DA3F04073460D913DDD6E6DA5E1A3
- Source document
- Economics (2013)
- License
- CC BY 3.0 US