Interpret the classical theory of Trade using research:
Research three to five scholarly articles and conduct a literature review to compare and contrast Adam Smiths absolute advantage versus Ricardos comparative advantage. Determine the major contribution(s) both theories have added to the field of international economics and provide examples where appropriate.
Support your paper with 4-5 scholarly resources. In addition to these specified resources, other appropriate scholarly resources may be included.
Length: 6-7 pages, not including title and reference pages
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA 6th Edition standards.
**** see attachments for helpful links and articles on these two specific theories ****** below is the citations for each article attached as .pdf
Costinot, A., & Donaldson, D. (2012). Ricardos theory of comparative advantage: Old idea, new evidence. The American Economic Review, 102(3), 453-458. doi:http://dx.doi.org/10.1257/ aer.102.3.453