Ricardo’s Theory of Comparative Advantage: Old Idea, New Evidence
When asked to name one proposition in the social sciences that is both true and non-trivial, Paul Samuelson famously replied: 'Ricardo's theory of comparative advantage'. Truth, however, in Samuelson's reply refers to the fact that Ricardo's theory of comparative advantage i...
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Format: | Article |
Language: | en_US |
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American Economic Association
2012
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Online Access: | http://hdl.handle.net/1721.1/73062 https://orcid.org/0000-0002-5503-297X |