Ricardo's Comparative Dis-Advantage

This paper uproots David Ricardo's trade theory. When his production possibility curve is concave, there is comparative disadvantage, which should mean loss from trade and hence no trade. Since concave curve is common and realistic, his trade theory is obliterated

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Year of publication:	2020
Authors:	Choi, Hak
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Ökonomische Ideengeschichte \| History of economic thought \| Vergleich \| Comparison \| Komparativer Vorteil \| Comparative advantage

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Extent:	1 Online-Ressource (6 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 10, 2013 erstellt
Other identifiers:	10.2139/ssrn.2263156 [DOI]
Classification:	F11 - Neoclassical Models of Trade ; D51 - Exchange and Production Economies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012857045