It is nice to be reassured that the principle of comparative advantage does actually work.
The theory of comparative advantage is found in every introductory textbook.
Nowadays, this is easy enough to explain in terms of comparative advantage.
Sorting one's own garbage flies in the face of the economics of comparative advantage.
In practice as well as in principle, the fusty old idea of comparative advantage still works.
Blinder views these jobs as very vulnerable to offshoring, suggesting a lack of comparative advantage.
Colombia's rice growers and poultry farmers look to be on the wrong side of comparative advantage.
Ricardo's law, known as the doctrine of comparative advantage, became the fountainhead of 19th-century free trade doctrine.
The principle of comparative advantage, for instance, is illustrated by asking whether Michael Jordan should mow his own lawn.
Trade also encouraged specialisation, since it rewarded individuals and communities who focus on areas of comparative advantage.
The theory of comparative advantage provides a strong argument in favour of free trade and specialization among countries.
