Static and dynamic comparative advantage: a multi-period analysis with declining terms of trade.: An article from: Journal of Economic Issues

This digital document is an article from Journal of Economic Issues, published by Association for Evolutionary Economics on June 1, 1998. The length of the article is 4101 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A revitalized analysis of English economist David Ricardo's theory of comparative advantage showed that only a lower level of economic development may be attained despite economic conditions which facilitate specialization of products and free trade among all nations. This can be attributed to factors such as technology and the institutional structures of trading partners. Comparative advantage argues that unlimited trade between countries will increase the total amount of goods produced if countries specialize in specific products and offer them at lower prices.

Citation Details
Title: Static and dynamic comparative advantage: a multi-period analysis with declining terms of trade.
Author: James M. Cypher
Publication:Journal of Economic Issues (Refereed)
Date: June 1, 1998
Publisher: Association for Evolutionary Economics
Volume: v32 Issue: n2 Page: p305(10)

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