1) What assumptions underlie these theories of specialization in international trade?
2) What are the limitations of these assumptions?
You should list your assumptions separately and lead a discussion on each of the assumption in each theory by providing examples in an informative and critical manner.
The two theories you will work on are the Theory of Absolute Advantage and the Theory of Comparative Advantage. Please provide work that is Plagiarism free, I have provided a format of a citation for this essay.