Comparative Advantage
By Ximena X. Bello Nava
Comparative Advantage
The ability of an individual company or country to produce a good
Economic sanction
Are commercial and financial penalties applied by one or more countries against a targeted country.
Embargo
An official ban on trade or other commercial activity with a particular country.
tariff
A tax imposed on imported goods and services.
Free trade
is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports.
fair trade
social movement whose stated goal is to help producers in developing countries achieve better trading