Kemp, Murray C.; Okawa, Masayuki - In: Review of International Economics 14 (2006) 3, pp. 466-477
The Torrens-Ricardo Principle of Comparative Advantage rests on the special assumptions that, both in autarky and under free trade, all countries can produce all commodities and that, in autarkic equilibrium, each country consumes all producible commodities, at least incipiently. We reformulate...