Main Profile

At A Glance

Determining Comparative Advantage using PPCs - AP FRQ worked solutions

Free trade based on the principle of comparative advantage promises to maximize the efficiency with which the world's resources are allocated. But how do we know whether a country has a comparative advantage in the production of one good over another compared to its potential trading partners?In this lesson we will work our way through several Advanced Placement Free Response Questions and show how, using production data from a PPC or a production possibilities table, we can calculate opportunity costs for particular goods in different countries, and then determine how countries stand to gain from trade based on comparative advantage.
Length: 08:27

Contact

Questions about Determining Comparative Advantage using PPCs - AP FRQ worked solutions

Want more info about Determining Comparative Advantage using PPCs - AP FRQ worked solutions? Get free advice from education experts and Noodle community members.

  • Answer

Ask a New Question