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PLANTEL RECTORÍA
GROUP: SIND-701
ACTIVIDAD 2
Actividad 2. Fecha límite de entrega 16 de noviembre
Propósito:
Instrucciones:
1. The following chart provides data on labour productivity for two countries, the US
(United States) and the EU (European Union), in the production of Cloth and
Wine.
2. Explain, using the data in the chart, what the difference is between “absolute”
and “comparative” cost advantage.
3. Assume that the EU (European Union) and the USA (United States) engage in
free trade. What will the pattern of international trade be (i.e., what good will each
country export and what will it import)?
The United States should have a pattern of trade with imports of cloth and
exports of wine.
5. Remember to put a cover indicating your full name, group, campus, name of the
subject and your teacher´s name.
6. Use a Word document and include your information: degree, subject, group,
your full name and the name of the activity.
7. Consult the criteria with which the activity will be evaluated and which are found
in the following table, in order to verify that they are covered with all the
requirements.
Criterios de Evaluación
Criterio Valor
Explica de manera correcta la diferencia entre la 2
ventaja de costo comparativa y la ventaja de costo
absoluta con referencia a los datos de la tabla.
Explica de manera correcta cuál sería el tipo de 2
patrón de comercio internacional si tuvieran un
comercio libre.
Responde de manera correcta la pregunta sobre cuál 2
sería el sector de decline para la unión europea.
Redacta de manera entendible las respuestas de 2
cada pregunta.
Revisa cada una de las instrucciones y responde lo 2
solicitado.
Total 10