The Theory of Comparative Advantage : Why Specialisation Is the Key to Success.
Title:
The Theory of Comparative Advantage : Why Specialisation Is the Key to Success.
Author:
50MINUTES.
ISBN:
9782806264084
Personal Author:
Physical Description:
1 online resource (25 pages)
Series:
Management and Marketing Ser. ; v.6
Management and Marketing Ser.
Contents:
Intro -- The theory of comparative advantage -- Key information -- Introduction -- Theory -- Opportunity cost -- The theory of comparative advantage in economic history -- Presentation of Ricardo's comparative advantage model -- Limitations and extensions -- Limitations and criticisms -- Related models and extensions -- Practical application: 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 -- Further reading.
Abstract:
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
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Electronic Access:
Click to ViewAvailable:*
Shelf Number | Item Barcode | Shelf Location | Status |
|---|---|---|---|
| HF5415.12 .C5 .B384 2015 | 1150578-1001 | Ebook Central | Searching... |
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