comparative advantage in English
The idea of this approach is that because of social practices, institutional complementalities develop within a nation-state that create comparative advantages in certain activities and products.
Use "comparative advantage" in a sentence
1. A Comparative advantage gives …
2. Traditional comparative advantage went through three steps: absolute advantage, comparative advantage and factor endowment theory.
3. The theory of Comparative advantage is attributed to …
4. In Figure 1 the case of reaping comparative advantage is examined.
5. It flies in the face of the principle of comparative advantage.
6. How does the theory of comparative advantage relate tp production possibility curves?
7. A nation with a Comparative advantage makes the trade-off worth it.
8. model in which both comparative advantage and market access provide motives for trade.
9. What is the difference between absolute advantage and comparative advantage in international trade?
10. Just like other economic theory, the theory of comparative advantage has deficiencies consequentially.
11. (31) After all, the internal market is underpinned by the principle of comparative advantage.
12. The gains from trade are based on comparative advantage,[sentence dictionary] not absolute advantage.
13. According to the Heckscher-Ohlin model, comparative advantage comes from the abundance of factor endowments.
14. The classical theory of comparative advantage is often taught as if everyone benefits from trade.
15. This has led some economists to examine the implications of the law of comparative advantage.
16. There has never been a time in economic history when comparative advantage was less static.
17. Comparative Advantage, Endogenetic Innovation, Economic Growth and Income Distribution Direction Should Chinese Economy Head in?
18. o Vietnam has achieved comparative advantage in low-tech manufactures and resource-based and primary exports.
19. The theory of comparative advantage. so that the interdependence of economies. the impact on each other.
20. Interagency cooperation should take fully into account the comparative advantage, expertise and mandate of each institution.
21. The three basic theories reflect the formation, development and maturation of the theory of comparative advantage.
22. But China was still a poor, agrarian economy; it held no comparative advantage in capital-intensive industries.
23. Given the existence of resource mobility in a single country, the exploitation of comparative advantage is possible.
24. Comparative advantage in this model is determined by the interaction between country size and relative factor abundance.
25. 17 Suzhou in the construction of the heliport has a comparative advantage good, "the local government to accept."
26. A trend had already been set in textiles, where the comparative advantage of cheap labour was becoming important.
27. Comparative advantage is when a country produces a good or service for a lower opportunity cost than other countries
28. In the classical theory of comparative advantage, there is no role for government in determining the location of industry.
29. In the nineteenth and for most of the twentieth century, the theory of comparative advantage explained what needed to be explained.
30. Pursuing its comparative advantage strengthens a country’s resilience to crisis and allows for the rapid accumulation of human and physical capital.
31. Beyond the critical sectors we must actively seek participation in global networks so that we benefit from sources with comparative advantage.
32. Developing countries are attracting investment not by lowering their standards, but because they are making the best of their comparative advantage.
33. We would cut those areas of production, such as mines and steel mills, where there is no comparative advantage for us.
34. What is a Comparative Advantage? In economics, a Comparative advantage occurs when a country can produce a good or service at a lower opportunity cost Opportunity Cost Opportunity cost is one of the key concepts in the study of economics and is prevalent throughout various decision-making processes
35. And ODA coordination must become even stronger to fully leverage the comparative advantage of different partners and avoid inefficient fragmentation of support.
36. Even after controlling the traditional comparative advantage factors such as human capital, physical capital and natural resources endowment, our results still hold.
37. Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners
38. Part II (chapter calculates the Revealed Comparative Advantage (RCA) Indices for China, and compares export structure of China with other Asian economies.
39. 25 The Comparative Advantage Theory of David Ricardo is constructed on a series of assumptions including perfect competition and constant returns to scale.
40. Mercantilists failed to understand the notions of absolute advantage and comparative advantage (although this idea was only fully fleshed out in 1817 by David Ricardo) and the benefits of trade.
41. First of all, the paper locates the key factors that cumber comparative advantage of the traditional Chinese medicine, and shows the necessity of the change from static to dynamic state in knowledge.
42. Trade exists between regions because different regions have an absolute or comparative advantage in the production of some tradable commodity, or because different regions' size allows for the benefits of mass production.
43. The UNIFEM MYFF recognizes the importance of continuing to improve effectiveness while maintaining a small and focused team that can provide technical expertise and catalytic support in areas of the Fund’s comparative advantage.
44. The government possesses an absolute borrowing advantage in the Canadian markets for floating- and fixed-rate debt, since it is the low-cost borrower in both markets. In addition, it enjoys a comparative advantage in the longer-term, fixed-rate market.
45. With this foundation, TOM then adds EDC’s long-term economic forecasts, economic risk assessments, political risk ratings, exchange rate forecasts, existing Canadian investment in the target market, estimates of Canada’s comparative advantage in that sector and a number of other overlays.
46. Diminished comparative advantage in high-tech fields will create a long period of adjustment for US workers, of which the off-shoring of IT jobs to India, the growth of high-tech production in China, and the emergence multinational R&D facilities in developing countries, are harbingers.