Chapter Two brings forward the comparative advantage theory as the basis of free trade theory.

第二章介绍了作为自由贸易理论基石的比较优势理论。

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The Comparative Advantage Theory of David Ricardo is constructed on a series of assumptions including perfect competition and constant returns to scale.

李嘉图的比较优势理论是建立在完全竞争与规模报酬不变等一系列假设条件之下的。

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This paper expounds the defects of the comparative advantage theory and analyzes the possibility and the feasibility that China sets up its competitive advantage.

阐述了比较优势理论的缺陷，分析了中国建立竞争优势的可能性和可行性。

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But they do not overturn the fundamental insight of the theory of comparative advantage.

ECONOMIST: Trade winds | The

At first blush, real-world trade patterns would seem to challenge the theory of comparative advantage.

ECONOMIST: Trade winds | The

In essence, the theory of comparative advantage says that it pays countries to trade because they are different.

ECONOMIST: A short tour of economic theory