So might conclude that, one of the most crucial points of comparative advantage is the benefit due to specialization of production, on the other hand international trade depends on the comparative advantage rather than the absolute advantage. Comparative advantage is a necessary and sufficient condition for the benefit of international trade. Absolute advantage of a. Smith is a special case of comparative advantage. Basically, the theory of d. Ricardo does nothing other than a. smith, meaning that he supported TRADE liberalization, recommended the Government actively promotes, encourages international trade liberalization.
đang được dịch, vui lòng đợi..