worldeconomic王韵涵.docVIP

Q1. Free Trade Free trade，it sometimes termed International Trade, had the intention goods and services could be exchanged freely between countries with no barriers to this exchange. Although many countries have eased restrictions on trade, completely free trade does not exist yet. For example from the German exports cars to the UK, Germany and the UK all belong to the EU because, so no barriers to trade and taxes, there is no quota restrictions, between Germany and Britains trade is very convenient, The transaction between them was no obstacle, Q2. Absolute and Comparative advantages