XECO 212 Week 8 International Trade Simulation Complete the International Trade Simulation. Write a 1,050- to 1,400-word report advising the President of Rodamia making recommendations for international trade. Address the following:
List at least one advantage and one limitation of international trade you encountered in the simulation.
Define absolute and comparative advantage in your own words.
Explain how absolute and comparative advantages were used in your simulation.
Describe the influences affecting foreign exchange rates.
Format your report consistent with APA guidelines. Post your assignment as an attachment. Click the Assignment Files tab to submit your assignment.