Examples of using Principle of comparative advantage in English and their translations into Polish
{-}
-
Colloquial
-
Official
-
Medicine
-
Ecclesiastic
-
Ecclesiastic
-
Financial
-
Official/political
-
Programming
-
Computer
The Principle of Comparative Advantage and Linear Programming.
Second Adventures in Economics 4. The Principle of Comparative Advantage.
The principle of comparative advantage may be formulated using the concept of opportunity cost.
However, are not the initial expectations with respect to the principle of comparative advantage.
The place where the principle of comparative advantage appears to hold best is the single market of the European Union.
Is fair trade compatible with trade based on the principle of comparative advantage?
The principle of comparative advantage may be supplemented by identifying the sources of such advantage for economic operators.
Is the new trade theory consistent with the principle of comparative advantage in its generalised form?
The principle of comparative advantage has become the foundation for interpreting the phenomena that are observed in international trade and in the world economy.
The principle of absolute advantage is much more convincing than the principle of comparative advantage.
We will generalise the principle of comparative advantage to cover a case where multiple goods, multiple factors of production and many countries are present.
Three views have in particular been voiced that question the beneficial effects of free trade founded on the principle of comparative advantage.
The principle of comparative advantage presents a static picture of the international economy and does not cover any description of temporal change.
So-called market failures are put forwardas justification for fair trade and a shift away from free trade built on the principle of comparative advantage.
The discussion on the principle of comparative advantage leads to a search for ways of achieving economic development and in particular to assessments of free trade.
The choice of the optimal production plan is different for each case and the principle of comparative advantage manifests itself in a different way each time.
This is the principle of comparative advantage and it has persuaded many countries to sign up to free trade agreements But unfortunately it can take a long time for countries to trade their way to prosperity.
As we can see, the global production in circumstances where allocation is exactly opposite to the principle of comparative advantage(Table 4) or where production is not specialised at all(Table 2) is significantly lower than the optimal volume Table 3.
While the principle of comparative advantage does not rule out measures to protect an economy from external competition, it mandates caution when introducing protective measures, especially extensive ones, with respect to the country's economic system.
The introduction of trade policy tools in order to prevent the effects of market failure only work up to a certain point.61 In general,neither the principle of comparative advantage nor trade that is referred to as fair can ensure justice or eliminate exploitation.
The description of the principle of comparative advantage in the global economy that is available in the literature, which includes two goods, one factor of production and two countries, is a precise one.
Principle of Comparative Advantage and Other Theories of Trade The principle formulated by David Ricardo was developed in the first half of the 20th century as the factor endowment theory, otherwise known as the Heckscher-Ohlin theorem.
The Principle of Comparative Advantage in the Light of Ethical Expectations and Intuition In international economics, the principle of comparative advantage is seen as the right way to regulate the international division of labour and global trade.
The principle of comparative advantage, which illustrates a case of two countries and two goods(the two-by-two model), is formulated in general terms as follows: We have countries A and B and goods C and F short for cloth and food as in Ricardo's original example.
The EU will use its presence and experience at regional level to support action that is more effectively taken at regional level in line with the principles of comparative advantage and subsidiarity.