Comparative advantage is the economic principle that an individual, firm, or nation faces a unique set of advantages and disadvantages relative to others in its production of particular goods and ...
Opinion
The Business & Financial Times on MSNOpinion

Turning crude into growth: Leveraging comparative advantage in oil economics

By Michael Osei AKOMEAGhana’s oil wealth is more than a resource; it is a strategic economic asset whose value depends on how it is integrated into the fabric of national growth and industrial ...
With newly available data, I investigate to what extent countries' international trade exploits the very uneven water resources on a global scale. I find that water is a source of comparative ...
Kennedy, Robert E., and Nancy F. Koehn. "Economic Gains from Trade: Comparative Advantage." Harvard Business School Background Note 796-183, June 1996. (Revised November 1996.) ...
Through the country's 'Make in India' policy, which aims to promote domestic entrepreneurship and attract foreign investment into high-tech export industries, India's focus on self-reliance has ...