The Theory of Comparative Advantage

50Minutes

• 30 september 2022
• 9782808041447

Samenvatting:

Why specialisation is the key to success

This book is a practical and accessible guide to understanding and implementing the theory of comparative advantage, providing you with essential information and saving time.
In 50 minutes you will be able to:
• Master the notions of absolute and relative advantage rapidly
• Specialise in producing goods or services for which you have the strongest, or least weak productivity compared to others.
• Understand which are the strengths underlying the interactions of free trade at work within International trade.
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