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The Government of Canada’s terminology and linguistic data bank.
theory of comparative advantage [1 record]
Record 1 - internal organization data 2011-11-02
Record 1, English
Record 1, Subject field(s)
- Economic Doctrines, Systems and Policies
- National and International Economics
- Foreign Trade
Record 1, Main entry term, English
- theory of comparative advantage
1, record 1, English, theory%20of%20comparative%20advantage
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- comparative advantage theory 2, record 1, English, comparative%20advantage%20theory
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
Ricardo's theory that specialization and free trade will benefit all trading parties, even those that may be absolutely more efficient producers. 3, record 1, English, - theory%20of%20comparative%20advantage
Record number: 1, Textual support number: 1 OBS
A person or country is said to have a comparative advantage in producing a good if it is relatively more efficient than a trading partner at doing so. In other words, they have a lower opportunity cost. 3, record 1, English, - theory%20of%20comparative%20advantage
Record 1, French
Record 1, Domaine(s)
- Doctrines, systèmes et politiques économiques
- Économie nationale et internationale
- Commerce extérieur
Record 1, Main entry term, French
- théorie des avantages comparatifs
1, record 1, French, th%C3%A9orie%20des%20avantages%20comparatifs
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- théorie de l'avantage comparatif 2, record 1, French, th%C3%A9orie%20de%20l%27avantage%20comparatif
correct, feminine noun
- théorie des avantages comparés 3, record 1, French, th%C3%A9orie%20des%20avantages%20compar%C3%A9s
correct, feminine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Ricardo énonce la théorie des avantages comparatifs : tout pays a intérêt à être libre-échangiste même si un pays a un avantage absolu sur tous les autres pays dans tous les domaines. Le pays se spécialise dans la production où il possède un avantage relatif, c'est-à-dire là où il est relativement le meilleur ou le moins mauvais. Il faut savoir renoncer à ses avantages les plus faibles pour tirer parti de ses avantages les plus forts. 4, record 1, French, - th%C3%A9orie%20des%20avantages%20comparatifs
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Doctrinas, políticas y sistemas económicos
- Economía nacional e internacional
- Comercio exterior
Record 1, Main entry term, Spanish
- teoría de la ventaja comparativa
1, record 1, Spanish, teor%C3%ADa%20de%20la%20ventaja%20comparativa
correct, feminine noun
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
- teoría de las ventajas comparativas 2, record 1, Spanish, teor%C3%ADa%20de%20las%20ventajas%20comparativas
correct, feminine noun
Record 1, Textual support, Spanish
Record number: 1, Textual support number: 1 DEF
Teoría [que postula] que los países deben especializarse en la producción de productos en los que tienen una ventaja relativa, de forma que exportarán parte de estos productos e importarán aquellos que otros países produzcan con menores costes relativos. 3, record 1, Spanish, - teor%C3%ADa%20de%20la%20ventaja%20comparativa
Record number: 1, Textual support number: 1 CONT
Según la teoría de la ventaja comparativa, aunque un país no tenga ventaja absoluta en la producción de ningún bien, le conviene especializarse en la producción de aquellas mercancías para las que su desventaja sea menor, y el país que tenga ventaja absoluta en la producción de todos los bienes debe especializarse en la producción de aquellos cuya ventaja sea mayor. 4, record 1, Spanish, - teor%C3%ADa%20de%20la%20ventaja%20comparativa
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