ppt课件-thetheoryofcomparativeadvantage.pptVIP

The Theory of Comparative Advantage Definition: a comparative advantage exists when one party can produce a good or service at a lower opportunity cost than another party. The Geometry of Comparative Advantage Assume that: There are two countries, A and B, who can each produce only food and textiles. Initially they do not trade with one another. The Geometry of Comparative Advantage The Geometry of Comparative Advantage The Geometry of Comparative Advantage The Geometry of Comparative Advantage The Geometry of Comparative Advantage The Geometry of Comparative Advantage The Geometry of Compa