Positional consumption is the consumption for comparative economic status.

地位消费是指人们追求相对经济地位的消费。

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An important cause that has prompted the transformation of Sino-Japanese economic relationship is the change of the comparative economic advantages of the two countries.

促使中日经济关系转型的重要原因是中日比较经济优势的变化。

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This simple example is derived from an economic law discovered by David Ricardo that has always fascinated me, called the law of Comparative Advantage.

这个简单的例子来自于大卫•李嘉图发现的一条经济学定律，即所谓的“比较优势法则”，它总能让我着迷。

youdao

The problem, and this explains your firing, is that your musings reveal a shocking lack of knowledge about how rich and poor economies work, the purpose of currencies, and the role of comparative advantage in lifting all economic boats.

FORBES: Due to Your China Stance, Donald Trump, You're Fired

However, as David Ricardo observed almost 200 years ago, economic optimisation is about comparative advantage.

ECONOMIST: Education and sex

By focusing upon comparative advantage nations can maximise their economic potential.

FORBES: Labor Pains