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Transcript -- The Principle of Comparative Advantage artwork
Education

Transcript -- The Principle of Comparative Advantage

60-Second Adventures in Economics - for iPad/Mac/PC

Aug 29, 2012Education

Transcript -- David Ricardo's famous economic model, predicts that if there are just two countries and two products both can be better off if they specialise and trade in the thing they’re relatively best at.

About This Episode

Transcript -- The Principle of Comparative Advantage is an episode from 60-Second Adventures in Economics - for iPad/Mac/PC. Transcript -- David Ricardo's famous economic model, predicts that if there are just two countries and two products...

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Episode Details

Published Aug 29, 2012, audio available.