Examples of 'comparative advantage' in a sentence
Meaning of "comparative advantage"
In economics, comparative advantage refers to the ability of a country, individual, or company to produce goods or services at a lower opportunity cost than others. It enables efficient allocation of resources and promotes international trade.
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- The ability to produce a particular good at a lower relative opportunity cost than another producer.
How to use "comparative advantage" in a sentence
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comparative advantage
Comparative advantage in communications services is on the rise.
So he still has the comparative advantage in cups.
Comparative advantage is the foundation of international trade.
Goods they do not have comparative advantage in.
Comparative advantage has become more fluid.
This is where our comparative advantage lies.
The comparative advantage is clearly in our favor.
Potential to secure a comparative advantage on the market.
International trade patterns are determined by comparative advantage.
Identification of comparative advantage and competitive strategies.
It would have to be based rigorously on comparative advantage.
Portugal has a comparative advantage in producing wine.
The model demonstrates dynamic comparative advantage.
The theory of comparative advantage in economic history.
Modern economists call this comparative advantage.
See also
The principle of comparative advantage is being undermined to an extent.
In both absolute advantage and comparative advantage.
Principle of comparative advantage has many applications.
This can also lead to a comparative advantage.
Today that comparative advantage is much smaller.
The trade happens due to comparative advantage.
Comparative advantage and strategic focus.
Pulling out the comparative advantage card.
Comparative advantage should also be considered as a dynamic concept.
But let us think about comparative advantage.
Comparative advantage in high technology products.
Trade really occurs because of comparative advantage.
China has a comparative advantage in none of these areas.
This gives no country any comparative advantage.
France has a comparative advantage in the production of wheat.
There is nothing wrong with comparative advantage.
The comparative advantage would disappear.
Trade liberalization and revealed comparative advantage.
Local firms had a comparative advantage in terms of pricing.
This is explained by the principle of comparative advantage.
Use the principle of comparative advantage to implement mandates.
He also contributed the principle of comparative advantage.
This reflects the comparative advantage of individual countries.
Focus on its primary strengths and comparative advantage.
Comparative advantage and international trade.
The exporting country has a comparative advantage.
Comparative advantage does not derive from cheap factors.
What is the law of the comparative advantage.
Comparative advantage and would need to.
Lessons learned and comparative advantage.
Comparative advantage as such is not a source of economic growth.
This is its central comparative advantage.
The comparative advantage of cheap labour is losing significance.
One area where it had a comparative advantage was agribusiness.
Comparative advantage is as opposed to absolute advantage.
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Examples of using Comparative
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Supplies comparative data on individual donor performance
The analysis is based on comparative country studies
A comparative analysis of national programmes was also undertaken
Examples of using Advantage
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Organisations might take advantage of these circumstances to
Take advantage of the same security controls
He never fails to take advantage of a family tragedy
