City University of International Partnership / State license АБ 0137478
International accreditation ACBSP (USA) / Institutional and specialized accreditation IQAA (Kazakhstan)

Daniel Ballast (USA) explained law of comparative advantages

Law includes such concepts as: - opportunity cost, - sunk cost, - absolute advantage, - comparative advantage.

KAFU’s Vice-President Daniel Ballast during the guest lecture on 15th of September 2016 on economy theory basics class illustrated the examples of aforementioned concepts to the Accounting and audit major 2nd year students of Ust-Kamenogorsk Economy and Finance College, with the help of this examples, students were able to understand the implementation of the Economic Law more detailed. 


© 1994-2020 Kazakh-American Free University (KAFU). All rights reserved.

 M.Gorkiy street 76, Ust-Kamenogorsk, East Kazakhstan Region, Kazakhstan, 070018

+7(7232)500-300 &nbsp  +7(7232)505-030   +7(7232)50-50-10   +7(7232)50-50-20