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long-run comparative advantage [1 record]

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Record 1 1981-01-28

English

Subject field(s)
  • Economic Conditions and Forecasting
OBS

If past and future reductions in food prices are matched by even greater drops in food's real costs, as agriculture undergoes great technological progress, then long-run comparative advantage night still validly tell a nation to specialize in food to improve its real income or at least to minimize its losses.

French

Domaine(s)
  • Prévisions et conjonctures économiques

Spanish

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