David Ricardo, a Scottish economist, made a perceptive observation that a few individuals, firms, or countries can gain from trading, even if one of them is objectively the best in all activities.
Journal of Economic Integration, Vol. 16, No. 4 (December 2001), pp. 568-589 (22 pages) In this paper pattern of Pakistan's exports, comparative advantage of exports, Complementarity and commodity ...
David Ricardo published "On the Principles of Political Economy and Taxation" on April 19 1817. This is the work that described the principle of comparative advantage and thus explained to us all why ...