Re:America Can’t Even Produce the Things It Invented
by whatshisface on Monday January 04, 2021 @04:28PM
(#25638351)
You sort of had me until the last claim (no more than two countries), I know for a fact their models are more advanced than that. Any actual economist care to chime in and explain comparative advantage?
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Re:America Can’t Even Produce the Things It Invented
by beefman on Monday January 04, 2021 @04:44PM
(#25638596)
There are models with more than two countries, but no consensus on which to use. Most economists couldn't name one of these models, or anyone who has ever studied the question.
Re:America Can’t Even Produce the Things It Invented
by icemelt8 on Monday January 04, 2021 @04:39PM
(#25638524)
This is an amazing article, which provides both views
https://www.investopedia.com/terms/c/comparativeadvantage.as...