Cross-country differences in efficiency at R&D versus manufacturing (i.e., comparative advantage) bear importantly on the growth effects of economic structure and commercial policies. The American ...

Furthermore, the law of comparative advantage states very clearly that as economic actors all, we should let others labor to make for us what doesn’t maximize our profitable talents so that we ...

The first presents a short history of the concepts behind comparative advantage. The second develops a simple model with several examples to demonstrate the gains that result from trade between ...

If David Ricardo had lived beyond the age of 51, how might he have delivered a lecture on comparative advantage? I argue that Ricardo infers the direction of comparative advantage and the size of the ...

We provide a number of insights into the nature and consequences of monopsony power through the lens of comparative advantage, where employers’ power in wage setting stems from match-specific rents.

Brazil, China and India – Comparative Advantages Having abandoned barbarism, humanity embraced Classical Antiquity, invented the Enlightenment and embarked on Globalization Economonitor ...

Details/registration here. Specification: Trade Click to read the article below and then answer the questions: Tariff wars ignore win-win from comparative advantage in trade ...

In textbook economics, trade is a win-win: Two countries trade freely based on comparative advantage and share the resulting gains, improving welfare in both countries. America’s trade with ...

There are other errors though. For example, logistics--this is simply the claim that transport is cheaper these days. Quite why this should mean that comparative advantage no longer exists is a ...

She says moving jobs in manufacturing and textiles out of this country is good for the United States because it reflects a sound economic principle, comparative advantage, in action. Fiecke ...