Watch the above videos. Once you have done this post a response to each of the bullets below. What is the difference between comparative and absolute advantage?Visit the following CIA Factbook website (Links to an external site.), select two countries of interest to you (other than U.S.), select the economy section, scroll down and locate at least five of the country’s major exports. Are these exports indicative of an absolute or comparative advantage?Using the same CIA Factbook Website above, what are the major exports for the U.S.Should we expect goods to be the same price all over the world? What factors might make a Big Mac more expensive in one country relative to another?Visit the debt clock website at http://www.usdebtclock.org/ (Links to an external site.) and locate the on the U.S. Trade Deficit? What is the deficit indicated? In percentage terms approximately how much of this deficit is with China? Visit the following Yahoo Currency Exchange site (Links to an external site.) and determine how much a $200 dress in N.Y. would cost a British visitor in Pounds?What are the benefits of free trade? Protectionism (e.g. tariffs & quotas)? Which position do you lean toward? Explain your perspective and after you post your narrative, reply to at least two other students comments. Explain why you agree, or better yet, find others that take a different position and explain why you disagree.

Prior to beginning work on this assignment, read the CFA Institute’s 2007 Financial Market Integrity Index: United States. and the 2010 Financial market integrity index: United States .Appraise the findings of the two reports and include the elements listed below. Research and incorporate at least three scholarly and/or credible resources in addition to the assigned reading in your analysis, and use the specific Financial Market Integrity Index reports for the years 2007 and 2010.In your paper,Compare and contrast the investment professionals’ perceptions about the state of ethics and integrity in the U.S. financial services markets for these specific years 2007 and 2010.Identify the integrity issues that should have been addressed by the U.S. regulators or investors.Provide a brief description of the risk involved and how it impacted financial markets.Assess if investors were likely to be treated fairly and ethically if they invested in the market during the periods of 2007 and 2010. Explain why?Discuss how you would use this information or findings as a trained investment professional to help advance the awareness of ethics and integrity in financial markets.The paperMust be three to five double-spaced pages in length.APA styleMust use at least three scholarly and/or credible resources in addition to the course text (Links below)https://www.cfainstitute.org/-/media/documents/article/market-integrity/ccb-v2007-n2-4562.ashxhttps://www.cfainstitute.org/-/media/documents/article/market-integrity/ccb-v2010-n6-1.ashx