News for hackers. Stuff that matters.
Re:Ricardo's Difficult Idea by Paul Krugman (1996) by ajuc on Wednesday April 27, 2016 @05:21AM (#11578863)
Ad 4 - country can simply compare the prices of goods they export. If you export iron for 10 times the price of grain, and other country does so for 8 times the grain price - you have comparative advantage in grain and the other country - in iron.

There are no comments on this comment yet.