Verification work on discipline World Economy

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Uploaded: 23.10.2014
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1. Explain the difference between the theories of absolute and comparative advantage in international trade as an example of trade between Germany and Russia, if Russia exports oil and weapons, and Germany - machinery and automobiles. For some couples export-import goods can be traced action theory of absolute advantages, and for some - comparative advantage.

2.What theory best explains the following situation: England exports to the German computers, and Germany to England automobiles. Give a detailed answer.

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