4.3.2.1b - theory of comparative advantage: • the distinction between absolute and comparative

The theory of comparative advantage:; the distinction between absolute and comparative advantage; assumptions underlying the theory of comparative advantage; limitations of the theory of comparative advantage.

Use b - theory of comparative advantage: • the distinction between absolute and comparative to connect the rule to the data and decision in the question.

This matters because b - theory of comparative advantage: • the distinction between absolute and comparative determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - theory of comparative advantage: • the distinction between absolute and comparative to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - theory of comparative advantage: • the distinction between absolute and comparative is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.