1. The Influence of David Ricardo’s Theory of Comparative Advantage on International Trade

3. Theory of Comparative Advantage Mary Don

4. 50 50 100 200 Maximum production if the entire month is spent in one activity,,,

5. 25 25 50 100 If they spend half a month doing each activity

6. One day, Mary meets Don And Makes an Offer,,, 37 for 25

7. 50 25 150 0 Before Trading,,,

8. After Trading,,, 25 50 37 113 37 for 25

9. Comparison,,, Maximum Consumption without trade: 25 25 50 100 Consumption after trade: 25 37 50 113 Gains from Trade: 25 Fish