Homework Help-discuss the theory of mercantilism and discuss favorable and unfavorable balances of trade as they apply to international business. 

Homework Help-discuss the theory of mercantilism and discuss favorable and unfavorable balances of trade as they apply to international business.

The manufacturing process utilizes technology clock speed for the manufacturing of a product or good. In what ways may clock speed differ and what products are manufactured under a particular clock speed.

1) In a short essay, discuss the theory of mercantilism and discuss favorable and unfavorable balances of trade as they apply to international business.

2) What is the difference between the free trade theories of absolute advantage and comparative advantage? How can free trade improve global efficiency?

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