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theory of comparative cost advantage

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  • Comparative advantage — Economics …   Wikipedia

  • Competitive advantage — is defined as the strategic advantage one business entity has over its rival entities within its competitive industry. Achieving competitive advantage strengthens and positions a business better within the business environment. Contents 1… …   Wikipedia

  • New Trade Theory — Economics …   Wikipedia

  • Absolute advantage — The principle of comparative advantage , generally attributed to David Ricardo in his 1817 Principles of Political Economy and Taxation extends the range of possible mutually beneficial exchanges. It is not necessary to have an absolute advantage …   Wikipedia

  • Product life-cycle theory — The product life cycle theory is an economic theory that was developed by Raymond Vernon in response to the failure of the Heckscher Ohlin model to explain the observed pattern of international trade. The theory suggests that early in a product s …   Wikipedia

  • Classical theory of growth and stagnation — Classical economics refers to work done by a group of economists in the eighteenth and nineteenth centuries. The theories developed mainly focused on the way market economies functioned. Classical Economics study mainly concentrates on the… …   Wikipedia

  • Market for loyalties theory — is a media theory based upon neoclassical economics. It describes why governments and power holders monopolize radio, satellite, internet and other media through censorship using regulations, technology and other controls. It has also been used… …   Wikipedia

  • Public choice theory — Public choice in economic theory is the use of modern economic tools to study problems that are traditionally in the province of political science. (A more general term is political economy , an earlier name for economics that evokes its… …   Wikipedia

  • Attachment theory — …   Wikipedia

  • Reaction to Darwin's theory — This article deals with Darwin s life during the period from 1859 to 1861, including immediate reactions to his publication of The Origin of Species . For events leading up to this period, see inception of Darwin s theory, development of Darwin s …   Wikipedia

  • Torrens, Robert — ▪ British economist and politician born 1780, Hervey Hill, County Derry, Ireland died May 27, 1864, London, England       British economist, soldier, politician, and promoter of schemes for the colonization of Australia.       Torrens joined the… …   Universalium

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