David Ricardo developed the theory of comparative advantage and free trade. Critics believe that outsourcing will cause the decline of the American middle class as manufacturing and service jobs move overseas. David Ricardo was born in 1772 and died in 1830. Unemployment is happening as lower-end manufacturing jobs move to other countries.

1. Quizzy. Steve/Nichole

2. What theory did David Ricardo develop? Free Trade theory of Comparative Advantage. Theory of free trade. 3. Free trade theory advantage. 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

3. Anti Outsourcers believe that in a flat world: Food industries will import all food from other countries. Many service industries become out source able. All of Americas jobs will be lost. 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

4. The American middle class was never exposed to the forces of automation or out sourcing as they are now, this change could be headed toward ________. total incline. absolute decline. a stand still. 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

5. When was David Ricardo born? 1772 1769 1823 1803 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

6. When did David Ricardo die? 1830 1890 1823 2010 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

7. Why is Unemployment Happening? Lower end manufacturing jobs are moving. Goods are too expensive. God wills it. 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

8. Who is the coolest drummer ever? Stevie Wonder. Keith Moon. Chris Hoskinson. Mike Portnoy. Chris Pennie. 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1