Comparative Advantage and Free Trade The House Agriculture Committee hears testimony on how food production would be affected by the adoption of a North American Free Trade Agreement, creating an ...

The Law of Comparative Advantage Stephen Moore, longtime economic adviser to President Trump and visiting fellow at the Heritage Foundation, discusses the benefits of trade and the law of ...

Short answer: comparative advantage is a plausible candidate.

We provide a number of insights into the nature and consequences of monopsony power through the lens of comparative advantage, where employers’ power in wage setting stems from match-specific rents.

Classical Economics Endorses Playing To Your Strengths: Comparative Advantage Over 200 years ago, economist David Ricardo created the concept of comparative advantage. His basic idea was that (as ...