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Keywords: Comparative benefit
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Journal Articles
Journal:
China Political Economy
China Political Economy (2021) 4 (1): 14–29.
Published: 12 October 2021
... be summarized as different relative scarcity, i.e., different relative prices of the factors of production in the exchanging countries, as well as different proportions between the factors of production in different countries.” Since both theories emphasize that comparative benefit derives from comparative...
