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Note
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Reference no. 9-713-080
Published by: Harvard Business Publishing
Originally published in: 2013
Version: 21 August 2015
Revision date: 16-Sep-2015
Length: 9 pages
Data source: Generalised experience

Abstract

The theory of comparative advantage is a factor in international trade. In this note, we introduce the basic economics of comparative advantage and study its key implications.

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Abstract

The theory of comparative advantage is a factor in international trade. In this note, we introduce the basic economics of comparative advantage and study its key implications.

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