1. In Figure 2.1 the case of reaping comparative advantage is examined.

2. The alternative case where free entry restores standard comparative advantage is when factor endowments are sufficiently similar to permit factor price equalization.

3. In the classical theory of comparative advantage, there is no role for government in determining the location of industry.

4. The classical theory of comparative advantage is often taught as if everyone benefits from trade.

5. How does the theory of comparative advantage relate tp production possibility curves?

6. In contrast, it will only lead to a lack of upward mobility of labor and thereby into a "comparative advantage trap" where Chinese companies are locked in low-end of the global value chain.

7. The theory of comparative advantage. so that the interdependence of economies. the impact on each other.

8. Less developed countries have a comparative advantage in providing services to sex tourists if individuals in those countries have limited alternative forms of employment.

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9. Just like other economic theory, the theory of comparative advantage has deficiencies consequentially.

10. When David Ricardo posited that comparative advantage was the basis of trade, he conceived of countries specialising in products, such as wine or cloth.

11. Traditional comparative advantage went through three steps: absolute advantage, comparative advantage and factor endowment theory.

12. Supply, demand, elasticity, comparative advantage, consumer surplus, deadweight loss - these terms are part of the economist's language.

13. Even after controlling the traditional comparative advantage factors such as human capital, physical capital and natural resources endowment, our results still hold.

14. Comparative Advantage, Endogenetic Innovation, Economic Growth and Income Distribution Direction Should Chinese Economy Head in?

15. The traditional comparative advantage theory consists of comparative cost theory and H - O theory.

16. Part II (chapter 4) calculates the Revealed Comparative Advantage (RCA) Indices for China, and compares export structure of China with other Asian economies.

17. We would cut those areas of production, such as mines and steel mills, where there is no comparative advantage for us.

18. Given the existence of resource mobility in a single country, the exploitation of comparative advantage is possible.

19. There has never been a time in economic history when comparative advantage was less static.

20. However, this solution prevents the group achieving any gains from assigning people to tasks according to their comparative advantage.

21. Developing countries are attracting investment not by lowering their standards, but because they are making the best of their comparative advantage.

22. A trend had already been set in textiles, where the comparative advantage of cheap labour was becoming important.

23. In the nineteenth and for most of the twentieth century, the theory of comparative advantage explained what needed to be explained.

24. 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.

25. The United States should be a big trade country according to the theory of comparative advantage introduced by the English economist David Ricardo.

26. China's International Trade Strategy after its Access to WTO: Comparative Advantage or Selective Surpassing?

27. This simple example is derived from an economic law discovered by David Ricardo that has always fascinated me, called the Law of Comparative Advantage.

28. This has led some economists to examine the implications of the law of comparative advantage.

29. The three basic theories reflect the formation, development and maturation of the theory of comparative advantage.

30. It flies in the face of the principle of comparative advantage.

31. The traditional theory of comparative advantage showed the best status of industry of the world.

32. David Ricardo said that each country would then possess comparative advantage in the production of one of the two products.

33. Actually the existence of comparative advantage is the result of relative difference between labor productivity and factor cost.

34. Only selecting suitable industry and technology, a facory is able to utilize comparative advantage brought by resources endowment.

35. Trade based on external economies has more ambiguous effects on national welfare than either trade based on comparative advantage or trade based on economies of scale at the level of the firm.

36. According to the theory of comparative advantage, both trade partners can benefit from trade.

37. Comparative advantage refers to the superior productive capacity of ine producer ( labor ) compared to all others.

38. Secondly,[] the thesis analyzes the theory of comparative advantage and competitive advantage.

39. The gains from trade are based on comparative advantage, not absolute advantage.

40. Guangzhou in the Pearl River Delta, southern China and Southeast Asia have a clear area of comparative advantage.

41. Till now, the theory of comparative advantage has been of the theory of international trade.

42. The Comparative Advantage Theory of David Ricardo is constructed on a series of assumptions including perfect competition and constant returns to scale.

43. Suzhou in the construction of the heliport has a comparative advantage good, "the local government to accept."

44. What is the difference between absolute advantage and comparative advantage in international trade?

45. Lower Saxony has a big comparative advantage in energy, environmental protection, food processing, and fair organization, and has conducted productive cooperation with China.

46. Comparative advantage, scale economy and specialized economy lead to the moving of marginal income curve.

47. In the past, to make the most of their comparative advantage, Chinese producers focused on manufacturing for the world's industrial market.