comparative advantage In A Sentence
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- GEF should be a place where the best project ideas and the most promising implementers with genuine comparative advantage can compete.
- In other words, it is not necessary to have an absolute advantage to gain from trade, only a comparative advantage.
- We would cut those areas of production, such as mines and steel mills, where there is no comparative advantage for us.
- Guangzhou in the Pearl River Delta, southern China and Southeast Asia have a clear area of comparative advantage.
- China's International Trade Strategy after its Access to WTO: comparative advantage or Selective Surpassing?.
- It's difficult to find comparative advantage in a sentence.
- Till now, the theory of comparative advantage has been of the theory of international trade.
- Just as Ricardo proved would be the case when he developed the concept of comparative advantage.
- Should that repression or exploitation of labor also be considered part of a country's natural comparative advantage?.
- And comparative-advantage industry of northeast agriculture is farming and stockbreeding. And main advantage agricultural products are corn, soybean, beet , milk, sheep wool, and poultry eggs.
- With perfect competition and undistorted markets, countries tend to export goods in which they have a comparative advantage.
- The United States should be a big trade country according to the theory of comparative advantage introduced by the English economist David Ricardo.
- Your statement of Ricardo's principle, comparative advantage, is utterly incorrect.
- This essay is an explanation of the difference between absolute and comparative advantage.
- The classic economc theory of trade is comparative advantage.
- The Ricardian model focuses on comparative advantage, which arises due to differences in technology or natural resources.
- Suzhou in the construction of the heliport has a comparative advantage good, 'the local government to accept. '.
- Comparative advantage, Endogenetic Innovation, Economic Growth and Income Distribution Direction Should Chinese Economy Head in?.
- Free trade is based on comparative advantage,not absolute advantage.
- The theoretical basis was Ricardo's work on comparative advantage and Say's Law of General equilibrium.
- Comparative advantage is not the same as competitive advantage.
- Free trade is based on natural comparative advantage of nations which is principally fair.
- Ultimately, the " comparative advantage " ideology is based on a very simple ideology about trade.
- Comparative advantage makes it less expensive for us to buy Chinese steel than to produce our own.
- Lichtenstein is an example of the success of comparative advantage.
- Comparative advantage is real.
- "It's our experience that it's the first movers that have the comparative advantage,".
- The traditional theory of comparative advantage showed the best status of industry of the world.
- It says trade based on comparative advantage benefits all parties.
- Specialization causes the comparative advantage of each individual.
- He also noted that increasing returns and strategic trade theory do not disprove the underlying truth behind comparative advantage.
- The comparative advantage of the Mexican telenovela over Philippine television drama is the markedly mestizo features of its actors and actresses.
- Our comparative advantage is in high tech, engineering, and other services.
- Those jobs were not replaced due to comparative advantage with better jobs.
- Comparative advantage is also more difficult to pinpoint in the case of cultural goods.
- Comparative advantage is one of the very few economic theories that has actually been proven.
- The idea of a comparative advantage has been integral to the development of the fifth-wave.
- Exploit regional opportunities and Sri Lanka's comparative advantage.
- Comparative advantage is shifting away from the USA.
- Some explanations for the paradox dismiss the importance of comparative advantage as a determinant of trade.
- The idea is simple : to develop sectors related to Venezuela's comparative advantage in energy resources.
- The Western world, the industrialized world, wants to take away our comparative advantage,.
- The benefits of comparative advantage bestowed by international trade are unquestionable.
- In Figure 2.1 the case of reaping comparative advantage is examined.
- In both Ricardian and H-O models, the comparative advantage concept is formulated for 2 country, 2 commodity case.
- Distortions in the system of incentives reduced the comparative advantage of alternative crops.
- What is the difference between absolute advantage and comparative advantage in international trade?.
- The North Rupununi may have a historical comparative advantage in conservation and tourism development.
- The British wanted to buy Chinese tea, silk and porcelain China's comparative advantage.
- Malaysia has some degree of comparative advantage in the export of higher value added and capital intensive goods.
- One aim of this debate was to move beyond crude Ricardian interpretations of comparative advantage or comparative costs in explaining the pattern of world trade.
- David Ricardo identified the productivity of comparative advantage.
- Trump missed the part about comparative advantage when he studied at Wharton.
- This scientific revolution gave Europe a comparative advantage in developing technology in modern times.
- According to the theory of comparative advantage, both trade partners can benefit from trade.
- You are confusing comparative advantage with absolute advantage.
- The age-old concept of comparative advantage has taken a wry 21st-century twist.
- Only selecting suitable industry and technology, a facory is able to utilize comparative advantage brought by resources endowment.
- Just as David Ricardo proved would be the case when he developed comparative advantage.
- While there are possible gains from trade with absolute advantage, comparative advantage extends the range of possible mutually beneficial exchanges.
- The theoretical basis of the globalization of economy is the theory of international division of labor, international value, comparative cost(advantage)and economics of scale.
- This is an example of the reciprocal benefits of trade ( whether due to comparative or absolute advantage ).
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