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Current examples include the Future Made in Australia proposals and the US Inflation Reduction Act. Why is comparative advantage relevant to these discussions?
As Washington charts the United States’ post-pandemic recovery, federalism remains a decisive comparative advantage — one that should play a central role in efforts to renew its soft power and ...
There are other errors though. For example, logistics--this is simply the claim that transport is cheaper these days. Quite why this should mean that comparative advantage no longer exists is a ...
The paper formally integrates Ricardo's two-sector growth model with his theory of comparative advantage. Differences with conventional representations of Ricardian trade theory, as well as with ...
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