4.1+Reasons+for+Trade

=4.1 Reasons for Trade=


 * ===**__Differences in Factor Endowments__**===


 * ===**__Variety and quality of goods__**===


 * ===**__Gains from specialization__**===


 * ===**__Political__**===


 * ===**__Absolute and comparative advantage__**===
 * Numerical and diagrammatic representation
 * Opportunity cost
 * Limitations of the theary of comparative advantage