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on mutually develop it long and across who even efficient comparative
on mutually develop it long and across who even efficient comparative
admin
2022-04-21
37
问题
on mutually develop it long and
across who even efficient comparative development
International trade—the exchange of goods and services【C1】________borders is often explained by the theory of comparative advantage which has become the cornerstone of modern thinking【C2】________inter-national trade. This theory was produced by David Ricardo【C3】________was an English economist in the nineteenth century. This theory points out that trade between countries can be【C4】________beneficial even if a country is less【C5】________than another in the production of every commodity. As【C6】________as there are minor, relative differences in the efficiency of producing a commodity,【C7】________the poor country can have a comparative advantage in producing【C8】________Comparative advantage is not a static concept. A country may【C9】________a particular comparative advantage purely through its own actions, independent of the endowments of nature. A case in point is Switzerland’s【C10】________advantage in watchmaking.
【C8】
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it
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