Eternal Elements-An AtyaasaaOnline Leadership Podcast

116-Theory of Comparative Advantage David Ricardo

March 11, 2021 Niket Karajagi Season 8 Episode 116
Eternal Elements-An AtyaasaaOnline Leadership Podcast
116-Theory of Comparative Advantage David Ricardo
Show Notes

Season 8: Theory of Comparative Advantage by David Ricardo
When Nations have multiple absolute advantages they still trade in what they are most efficient at. This Theory is close to current reality as Nations do have multiple areas of advantage. We discuss this scenario of trade in this podcast.  
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