This worry assumes that a country's comparative advantage is static, so that a country that grows bananas today will inevitably grow bananas in 20 years' time.
If a country's comparative advantage lies in slow-growing, traditional industries, it may cut back its production in other, faster-growing industries, so its growth rate may fall.
"We don't want to be at a comparative disadvantage with what's already out there, " Mr. Bye said.
An acceleration in store traffic in the U.S. helped sales on a comparative basis to increase 7%.
He was told that Ms. Reist's father had been a medievalist and comparative literature professor at Columbia, and that his daughter and Ms. Reist had been best friends since they attended kindergarten at the Chapin School.
We - I think that's on the border, more of a comparative ad.
Mr. Liow is a professor of comparative and international politics and associate dean at S. Rajaratnam School of International Studies in Singapore.
If you want to go down the scale a bit, you can get some comparative bargains among smallish U.S. producers.
Dr Gosling's method has helped to launch a new scientific discipline, comparative personality theory.
"Now in its third year, the Federal Reserve's review of capital plans provides a regular, structured, and comparative way to promote and assess the capacity of large bank holding companies to understand and manage their capital positions, with particular emphasis on risk-measurement practices, " Federal Reserve governor Daniel Tarullo said.
Webster says he's seen a number of productivity applications, such as a shopping service that scans bar codes with the phone's camera and supplies comparative pricing, product reviews and local store information.
Arvind Sharma, a professor of Comparative Religion at McGill University, relates an incident which seems to show how it's possible to update models at the same time as underscoring the principles that form a religion's continuity.
Ethiopia's comparative advantage in wages, productivity, and natural resources has led the Huajian Group, a Chinese shoe maker, to build a factory in Ethiopia in three months, with two production lines starting in January 2012, exporting 20, 000 pairs of shoes a month and creating some 550 jobs.
CNN: Opinion: Could Africa be world's next manufacturing hub?
According to Ricardo's theory, both countries will be better off if each specialises in the industry where it has a comparative advantage, and if the two trade with one another.
应用推荐