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Overview of Comparative Advantage

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The concept of comparative advantage was discovered by British economist David Ricardo in 1817. He remains a central figure in modern trade theory. It basically revolves around the idea that a producer is not necessarily more efficient, given that both are producing two different goods, and there could be gains from trade, since they could specialize in that good which has a low oppor... https://topcollegesadmission.in/college-list/mca/mumbai

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