International Trade shapes our everyday lives and the world we live in. Nearly every time we make a purchase or sale, we are participating in the global economy. Products and their components come to our store shelves from all over the world. International trade is the concept of two countries trading with each other to gain things that benefit their country. Normally international trade is used when both countries have a comparative advantage over one another in different products. This relates to the experiment because the middle class country had leverage with paper, while the rich countries had leverage with materials that made their shapes more
International Trade shapes our everyday lives and the world we live in. Nearly every time we make a purchase or sale, we are participating in the global economy. Products and their components come to our store shelves from all over the world. International trade is the concept of two countries trading with each other to gain things that benefit their country. Normally international trade is used when both countries have a comparative advantage over one another in different products. This relates to the experiment because the middle class country had leverage with paper, while the rich countries had leverage with materials that made their shapes more