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the most interesting thing I found out by researching this topic is how we find what we have a great amount of and trade with others that can't get it what we have.

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this topic is interesting because you get an insight to how we trade and get other products here.

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I have learned a lot from this topic as it shows what other countries have that we don't and what and how we trade with them to get those products here.

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arguments have been made against using comparative advantage and gains from trade because others find it unfair.

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these advantages are great for small countries because they can get the chance to trade with bigger countries to build and make a better country.

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another important way of demonstrating comparative advantage and gains from trade has consist of "structural estimate" .

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If both countries specialize in the same good they are most likely not to trade witch drops the opportunity costs.

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https://en.wikipedia.org/wiki/Comparative_advantage

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What is comparative advantages and gains from trade

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What is comparative advantages and gains from trade

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Comparative advantages and gains from trade is when an individual business or country can produce a good at a lower opportunity cost than another producer.

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these advantages from trade are great for countries because they have absolute advantage from the start

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https://courses.lumenlearning.com/wm-macroeconomics/chapter/reading-absolute-advantage-2/

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Canada has a lot of maple trees and can produce maple syrup for at a low opportunity cost but Canada can not grow avocados because of the climate.

Trinidad can grow avocados but does not have any maple trees to get any maple syrup.

so Canada would make a trade with Trinidad in exchange for there avocados

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https://www.youtube.com/watch?v=sFvX5dt8ufs

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Classical theory and avid Ricardos formulation

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Classical theory and avid Ricardos formulation

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Ricardos example, Ricardo considers world economy  consisting of two countries, which both produce wine but one can produce it for the fraction of a cost because the goods to make the wine its more available in one countr

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these opportunity costs are great for countries to make trades for other goods like they can trade what they have a great amount of for something they cannot get in their country.