Comparative advantage is used to explain why companies, countries, or individuals can benefit from trade. In the context of international trade, comparative advantage refers to the products that a ...

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.) ...

Opportunity cost determines comparative advantages in the context of international trade economics. Amazon (AMZN) is an example of a company that's focused on building and maintaining a ...

such as comparative advantage, externalities and equilibrium would be advantageous. The course focuses on the role of interests and institutions in the process and formulation of trade policy. We ...

"Democratizing the Classroom: Sequencing Discussions and Assignments to Promote ... 37, No. 2, 2008. "Trade, People and Places: A Social Economic - Geographic Approach to Comparative Institutional ...