| 词汇 | comparative-advantage |
| 释义 | comparative advantage noun ECONOMICSukus [ C ] an advantage a country has over another country because it can produce a particular type of product more efficiently: Russia's comparative advantage is in the export of raw materials. comparative advantage in sthThe United States has a comparative advantage in providing financial services to the rest of the world. [ U ] the idea that countries should only export the goods that they are able to produce more efficiently than other countries and import the goods that other countries are able to produce more efficiently than them: When David Ricardo expounded the theory of comparative advantage, he chose the examples of wine and cloth. Compare absolute advantage Examples of comparative advantagecomparative advantage However, capital immobility is only one route to comparativeadvantage, useful to basic models, but not essential to it. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In these cases, one can not define which country has comparativeadvantage. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. It is their informality, adaptability and flexibility of operations characteristics which reduce their transactions costs and confers upon them their comparativeadvantage and economic rationale. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Today trade policy tends to focus more on competitive advantage as opposed to comparativeadvantage. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The moment the model expands from one good to multiple goods, the absolute may turn to a comparativeadvantage. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Ultimately, the comparativeadvantage ideology is based on a very simple ideology about trade. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The country which saw the easy wealth of the oil did not need to expand into other markets due to comparativeadvantage. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The home market effect implies a link between market size and exports that is not accounted for in trade models based solely on comparativeadvantage. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Economists against offshoring charge that currency manipulation by governments and their central banks causes the difference in labor cost creating an illusion of comparativeadvantage. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Her comparativeadvantage is in the mix of analyzing real life, economic history, and macroeconomics. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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