Question

Ricardo's comparative advantage has been accepted by economies around the world due to varying degrees:

Answer 1

logistics operations, logistics can make an important contribution to the economy as a whole. Logistics also plays a key role in the economy in that it supports the movement and flow of many economic transactions.

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Answer 2

The law or principle of comparative advantage holds that under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage. Comparative advantage is the economic reality describing the work gains ... In an economic model, agents have a comparative advantage over others in ...