How can trade make both parties better off if one is so much better at everything than someone else? Productivity differences, even extraordinary productivity differences, do not mean that both parties can't gain from trade. Even superheroes like Superman, Batman, the X-Men, and the Civic-Minded Five can gain from trade.
Mike Hammock
Mike Hammock is adjunct professor at Rhodes College. He did his undergraduate work at Berry College and graduate work at Texas A&M and Emory University.
