If you're seeing this message, it means we're having trouble loading external resources on our website.

If you're behind a web filter, please make sure that the domains *.kastatic.org and *.kasandbox.org are unblocked.

Main content
MKT‑1 (EU)
MKT‑1.A (LO)
MKT‑1.A.1 (EK)
MKT‑1.A.2 (EK)
MKT‑1.B (LO)
MKT‑1.B.1 (EK)
MKT‑1.B.2 (EK)
In this lesson summary review and remind yourself of the key terms, graphs, and calculations used in analyzing comparative advantage and the gains from trade. Key concepts include how to determine comparative advantage, the terms of trade, and how comparative advantage leads to higher levels of consumption.
Sort by:
AP® is a registered trademark of the College Board, which has not reviewed this resource.