“Mark Blyth of Brown University explains international trade.”
Source: vimeo.com
To understand international trade, you need to understand how the factors of production vary from place to place, resulting in different locations having a comparative advantage on a global market. This video nicely explains that with the example of Scotland’s comparative advantage raising sheep with southern Europe’s comparative advantage in producing wine. Does the size of a country matter in trade? You betcha.
GEOGRAPHY EDUCATION 
