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GBM 381 Week 1 Individual Assignment Major Trade Theories Paper (UOP)
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GBM 381 Week 1 Individual Assignment Major Trade Theories Paper (UOP)

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Write a 700- to 1,050-word paper in which you provide a detailed comparison of the following major trade theories:

Absolute advantage
Comparative advantage
Heckscher-Ohlin factor endowment

This section should comprise the bulk of your paper.

In addition:

Select one of the major trade theories and answer the following question: What cultural, physical, economical, financial, and political impediments might prevent the successful application of your selected trade theory?

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