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Economics & Business · International Economics
Comparative Advantage & Gains from Trade Interactive
Compare two economies producing two goods, calculate opportunity costs and explore changes from self-sufficiency to specialisation and trade. Students use production possibilities and consumption outcomes to reason about gains from trade. The full interactive is available to licensed Education Universe users.
Years 11–12ExplorerComparative Advantage
Learning outcomes
- Distinguish absolute from comparative advantage
- Calculate opportunity cost for each good
- Assess specialisation and gains from trade
Teaching guidance
Ask students to determine comparative advantage from opportunity costs before activating the trade stage; distinguish illustrative scenarios from historical data.
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Comparative Advantage & Gains from Trade is one of the licensed interactives in The Education Universe. This page describes it; teachers use it in lessons and classes with a licence or the free trial.