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Questions for this discussion board come from the week 1 and week 2 articles. When answering these questions be sure to cite any source that you use. Also, be sure to check your posts for proper grammar and spelling.

Criteria for the best post:

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1. substantively addresses the questions being asked, i.e. goes beyond a basic answer.

2. uses the articles and other references to answer the questions.

3. uses correct spelling and grammar.

4. provides thought-provoking insight such as attracting more of your peers to address your post.

5. may posit an opposing view that has substantial merit or may posit why the opposing view does not have substantial merit.

Questions

Hufbrauer, G. “The Payoff from Globalization” (Links to an external site.)  (Links to an external site.)

1. Is trade a zero sum game, i.e. are there any losers to increased liberalization? Why or why not?

Wolak, “Our Comparative Advantage” (Links to an external site.)

1. Why do we see more innovation and development in the U.S? Can this lead to an undesired outcome?

Dizikes, “Economists find evidence for famous hypothesis of ‘comparative advantage’” (Links to an external site.)

1. Why is it difficult to prove comparative advantage?

2. Are there ways to “find” comparative advantage?

Prestowitz, “The Losses of Trade” (Links to an external site.)

1. Why are the costs more substantial than what is normally assumed under conventional trade theory?

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