BaileyShalei5915 BaileyShalei5915

17-10-2017
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Bangladesh has a comparative advantage in textile production due to its low labor cost. the idea of comparative advantage was proposed by

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Kalahira Kalahira

26-10-2017

David Ricardo developed the classical theory of comparative advantage in 1817 to explain why countries engage in international trade even when one country's workers are more efficient at producing every single good than workers in other countries.

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