Instructional Video

Khan Academy: Comparative Advantage, Specialization, and Gains From Trade

Curated by ACT

When two agents have differing opportunity costs, there is potential for both of the to benefit if they specialize in what they each have comparative advantage in This video explores how two parties can get better outcomes by specializing in their comparative advantage and trading.

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Resource Details
Grade
9th - 10th
Subjects
Social Studies & History
2 more...
Audiences
For Administrator Use
2 more...