The Generalization of the Comparative Advantage Theory
Economic textbooks relate the principle of comparative advantage using examples of two products and two countries, the <em>2x2</em> case. We shall suggest an approach describing any finite number of products <em>m </em>and countries <em>n</em>, the <em>mxn&l...
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| Format: | Book |
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Vasyl Stefanyk Precarpathian National University,
2017-12-01T00:00:00Z.
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| Summary: | Economic textbooks relate the principle of comparative advantage using examples of two products and two countries, the <em>2x2</em> case. We shall suggest an approach describing any finite number of products <em>m </em>and countries <em>n</em>, the <em>mxn</em> case, where <em>m>2, n>2</em>. For this purpose the linear programming will be used. |
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| Item Description: | 2311-0155 2413-2349 10.15330/jpnu.4.3-4.21-33 |