Examples of using Comparative advantage in English and their translations into Hebrew
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In them we have a comparative advantage.
Comparative advantage and absolute advantage. .
International Trade and Comparative Advantage.
A country has a comparative advantage at producing something if the country can produce it at lower cost than other country.
Goods in which they have comparative advantage.
The country has comparative advantage in producing certain product if it can produce it at a lower cost than any other country.
And developed the theory of comparative advantage.
The other country has comparative advantage in the other good.
It is therefore necessary to redouble the effort to continue our comparative advantage.
One country can not have comparative advantage in both goods.
Free trade agreements normallyallow each country to specialize in industries in which it has a comparative advantage.
Marx invokes the idea of comparative advantage in trade here too.
The entrepreneur's chances of success increasesdramatically when he chooses an area in which he has a comparative advantage and expertise.
David Ricardo's theory of comparative advantage no longer applies.
The painter, who was worse at both jobs, was still able to nearly double the value of his output by concentrating on painting,in which he had a comparative advantage, then by exchanging with Jordan.
Mercantilists failed to understand the notions of comparative advantage(although this idea was only fully fleshed out in 1817 by David Ricardo) and the benefits of trade.
Notice that it would be impossible for the same person to have a comparative advantage in both goods.
The book makes a point that in a world populated by illiterate people- as the world of the first millennium was such a world- the ability to read and write contracts, business letters,and account books using a common alphabet gave the Jews a comparative advantage over other people.
Four reasons: First,communist China has never accepted the notion of comparative advantage, which underpins the global trading system.
The book makes a point that in a world populated by illiterate people- as the world of the first millennium was such a world- the ability to read and write contracts, business letters,and account books using a common alphabet gave the Jews a comparative advantage over other people.
Politicians began to recognize that ifgovernment is to enjoy the consent of those who gain no comparative advantage from their social membership, it must offer some kind of quid pro quo.
Even if a country is worse at producing everything than is some other country, it can still net a materialgain by specializing in the areas where it has a comparative advantage and trading for other goods.
Many studies as well as the data from recent years include warning signals that in order tocontinue to enjoy a comparative advantage, one must implement a thoughtful policy that responds to both external and domestic challenges.
If Country A mnufactures a car at a cost of $10,000, and Country B makes the same car for $5,000, it is obvious that the price of the car in Country B is likely to be cheaper,and that Country B has a comparative advantage over Country A in terms of producing cars.
Humans will adapt theirskills to the tasks where they continue to have a comparative advantage over machines," he said.
The firm's membership in international network CHI provides wide knowledge andgives it a comparative advantage in international markets taxation issues.
This combined with its long history in Vietnam and associated in-depth insights into legal, economic and political landscape,social and cultural trends provide AIT with comparative advantage not available to any other international institution of higher learning in Vietnam.