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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,[www.Sentencedict.com] 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.
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