Kennedy, Robert E., and Nancy F. Koehn. "Economic Gains from Trade: Comparative Advantage." Harvard Business School Background Note 796-183, June 1996. (Revised November 1996.) ...

Comparative Advantage in International Trade David Ricardo famously showed ... Countries like China and South Korea have made major productivity gains by specializing their economies in certain ...

Comparative advantage refers mostly to international trade. A country should focus on what it can produce and export relatively cheaply. A country should only produce product A if it can do it ...

Trump’s sharp increase of import tariffs extends beyond challenging the concept of “comparative advantage,” a starting point when discussing trade. Comparative advantage has been taught in ...

From Japan in the 1980s to China and the Asian Tigers in the 1990s, followed by Vietnam in the 2000s and India with its services exports—each is a testament to how comparative advantage fuels trade.