faster than each of them. You determine that you are 70% faster at dishes and 10% faster with vacuuming.

All of these tasks have to be done daily. Which jobs should you assign to your roommates to get the most

free time overall? Assume you have the same number of hours to devote to cleaning. Now, since you are

faster, you seem to get done quicker than your roommate. What sorts of problems may this create? Can

you imagine a trade-related analogy to this problem?

23. Does intra-industry trade contradict the theory of comparative advantage?

24. Do consumers benefit from intra-industry trade?

25. Why might intra-industry trade seem surprising from the point of view of comparative advantage?

26. In World Trade Organization meetings, what do you think low-income countries lobby for?

27. Why might a low-income country put up barriers to trade, such as tariffs on imports?

28. Can a nation’s comparative advantage change over time? What factors would make it change?
{"source_file": "downloads\\business\\economics\\Microeconomics3e.pdf", "creator": "PDFMiner", "moddate": "2022-12-07T14:23:05-06:00", "source": "downloads\\business\\economics\\Microeconomics3e.pdf", "uploaded_via": "batch_uploader", "creationdate": "2022-12-07T14:15:44-06:00", "upload_timestamp": "2026-02-07T15:24:38.309401", "title": "Principles of Microeconomics 3e", "file_hash": "830b81f41611ac67a490444dbb5d6aed292224606965b06965b914443c93331a", "total_pages": 597, "batch_upload": true, "file_name": "Microeconomics3e.pdf", "producer": "Prince 14.2 (www.princexml.com)", "file_size_mb": 26.99, "file_type": ".pdf"}