Without trade, Arturo produced and consumed 240 tacos and 120 burritos and Dina produced and consumed 100 tacos and 150 burritos
. Then, each person agreed to specialize in the production of the good in which they have a comparative advantage and trade 260 tacos for 156 burritos. As a result, Arturo gained
The Treaty of Ghent which ended the War of 1812, made no mention of the practice of Impressment, over which the war was fought. In essence, the Treaty re-established the Status Quo Ante Bellum (the way things were before the war) as was often the case in European Wars.
