Short Answer / Essay: Answer the following questions with great detail, in paragraph form, using complete sentences.
1) Explain in detail the difference between comparative advantage and absolute advantage.
2) Explain how Adam Smith and David Ricardo explored the basis for free trade instead of mercantilism.
3) Explain the difference between the short run and the long run.
No plagiarism, high quality, use the book is there in the uploaded file, write the references and in-text citation, follow the instructions answer the question from the book.
