Absolute Advantage, Comparative Advantage, and International Trade Quiz

Please attempt this quiz as a way to check your understanding of the fundamental concepts behind international trade, namely comparative advantage and the decision to enter trade.

Notes:

  • There is no minimum required score to pass this assessment, and your score on this assessment will not factor into your overall course grade.
  • This assessment is designed to prepare you for the Final Exam that will determine your course grade. Upon submission of your assessment you will be provided with the correct answers and/or other feedback meant to help in your understanding of the topics being assessed.
  • You may attempt this assessment as many times as needed, whenever you would like. 

Grading method: Highest grade