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DISCUSSION WEEK: Comparative Advantage in International Trade

Read the articles:

1) The Boomerang effect.

http://www.economist.com/node/21552898

2) Comparative Advantage and American Jobs.

http://online.wsj.com/article/SB10001424052748703555804576102500952966450.html

Choose question to answer:

A) Does the protection of one domestic industry harm another? Please explain.

B) Why does comparative advantage matter more than absolute advantage for trade? Please explain.

C) How does the H1-B visa program in the USA alter the comparative advantage of workers already in the US?

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