XECO 212 Week 8 International Trade Simulation

Complete the International Trade Simulation.

Write a 1,050- to 1,400-word report advising the President of Rodamia making recommendations for international trade. Address the following:

• List at least one advantage and one limitation of international trade you encountered in the simulation.
• Define absolute and comparative advantage in your own words.
• Explain how absolute and comparative advantages were used in your simulation.
• Describe the influences affecting foreign exchange rates.

Format your report consistent with APA guidelines.

Post your assignment as an attachment.

Click the Assignment Files tab to submit your assignment.