Critical Thinking: Theory of Comparative Advantage (100 Points)
Read the required journal articles by Schumacher (2012) and Palley (2008) regarding the theory of
comparative advantage. In a critical essay, compare and contrast Smith’s original theory as indicated in the
Schumacher (2012) article. What, in contrast. is Palley’s (2008) observation regarding the modern view of
comparative advantage? Differentiate these views and support your findings with additional academic
references.
Directions:
Your essay should be 3-5 pages in length. which does not include the title page. abstract. or required
reference page, which are never a part of the content minimum requirements.
It is strongly encouraged that you submit all assignments into the Turnitin Originality Check prior to
submitting it to your instructor for grading. If you are unsure how to submit an assignment into the Originality
Check tool. review the Turnitin Originality Check – Student Guide for step-by-step instructions.
Review the grading rubric to see how you will be graded for this assignment.
