Comparative Advantage

• The Theory's Inventor: David Ricardo
  
• Introduction to Comparative Advantage:
  • Basic Intro #1 - Using classic examples; from a lecture at Drexel University

• Lectures Given by University Professors on the Subject:
  • Lecture #1 - (University of British Columbia - Canada) - On the subject of Acquired Comparative Advantage and maximizing output through product differentiation.
  • Lecture #2 - (Shippensburg University - Canada) - A more advanced lecture which employs more mathematical analysis to get the basic understanding accross.

• Examples:
  • Comparative Advantage in Business (Part 1) - Now that many companies are finding that the formerly fixed cost of operating have become more variable, the benefits from mass production have declined. This analysis discusses the Diminishing returns of on the powers of scale (going larger to increase productivity and output) that has become a common-place in many American businesses, and the possible remedies. Includes an analysis on comparative advantage in the discussion. Part 2
  • Comparative Advantage Index of World Service Trade '93 - A look at various leading countries in terms of comparative advantage from JETRO: a Japanese Organization.

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