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David Ricardo's Theory Comparative Advantage : Is Specialisation Source of Competitive Advantages?
- Format:
- Book
- Author/Creator:
- Mimbang, Jean Blaise.
- Series:
- Management & Marketing
- Management & Marketing ; v.6
- Language:
- English
- Subjects (All):
- Business.
- Management.
- Marketing.
- Local Subjects:
- Business.
- Management.
- Marketing.
- Physical Description:
- 1 online resource (35 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Cork : Primento Digital, 2015.
- Summary:
- Specialize to rule This book is a practical and accessible guide to understanding and implementing the Theory of Comparative Advantage, providing you with essential information and saving time. In 50 minutes you will be able to: Master the notions of absolute and relative advantage rapidly Specialize in producing goods or services for which you have the strongest, or least weak productivity compared to others. Understand which are the strengths underlying the interactions of free trade at work within International trade. ABOUT 50MINUTES.COM| Management & Marketing 50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide both elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level..
- Contents:
- Title Page; Comparative Advantage; Key Information; Introduction; Theory - Overview of the Concept; Opportunity Cost; The Theory of Comparative Advantage in Economic History; Presentation of David Ricardo's Comparative Advantage Model; Limitations and Extensions of the Principle; Limitations and Criticism of the Model; Related Models and Extensions; Practical Application of the Concept - International Trade; International Trade Throughout History; The Division of Labour and Specialisation; Illustrations of Gains from Trade - The Automotive Market; The Advantages of Market Exchange; Summary
- Copyright
- Notes:
- Description based upon print version of record.
- Description based on publisher supplied metadata and other sources.
- ISBN:
- 9782806264084
- 2806264081
- OCLC:
- 910446346
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