A comparative advantage can be something inherent, in the way a person’s height might make them better at basketball. It can also be developed and improved, the way one basketball player can become ...

Dans deux pays ayant chacun deux secteurs de production, on fait l'hypothèse que des conditions de concurrence oligopolistique sont réunies, en autarcie, dans chaque secteur de chaque pays, à partir ...

David Ricardo, a Scottish economist, made a perceptive observation that a few individuals, firms, or countries can gain from trading, even if one of them is objectively the best in all activities.