Ricardo's Theory of Comparative Advantage: Old Idea, New Evidence
When asked to name one proposition in the social sciences that is both true and non-trivial, Paul Samuelson famously replied: 'Ricardo's theory of comparative advantage'. Truth, however, in Samuelson's reply refers to the fact that Ricardo's theory of comparative advantage i...
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| Format: | Article |
| Language: | English |
| Published: |
American Economic Association,
2012-09-20T14:15:17Z.
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| Subjects: | |
| Online Access: | Get fulltext |