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Shearing 1 sheep - PowerPoint PPT Presentation

Ka-fu Wong University of Hong Kong

Ka-fu Wong University of Hong Kong. Comparative Advantage: The Basis of Exchange. The Basis of Exchange. Why do people exchange goods and services in the first place? Why is YAO Ming a top basketball player, Dr. WONG an instructor in a university, and Thomas FRIEDMAN a prominent writer?.

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Shearing 1 sheep - PowerPoint PPT Presentation

Ka-fu Wong University of Hong Kong