WASSCE Economics · International Trade & Development
International Trade
Why countries trade, comparative and absolute advantage, terms of trade, and trade restrictions.
- lessons
- 2
- of study
- 15 min
- free to read
- 1
Across the topic: 9 sections · 3 worked examples · 1 diagram
Topic content
Lessons in this topic
2 lessons · 15 min
- 1International trade, comparative advantage and the terms of trade8 minFree8 minFree
- What is international trade?
- Why countries trade
- Absolute advantage
- Comparative advantage
- The terms of trade
2 worked examples · 1 diagram
- 2Free trade, protection and Sierra Leone's foreign trade7 min Plan7 min Plan
- Advantages and disadvantages of international trade
- Free trade and protection
- Methods of protection
- Sierra Leone's foreign trade
1 worked example
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