The debates about Brexit and President Trump’s trade machinations have demonstrated the blindness of otherwise intelligent people to the Law of Comparative Advantage. Let me attempt a contemporary ...

A comparative advantage occurs in economics, when a country can produce a good or service at a lower opportunity cost than another country. The theory of comparative advantage is attributed to ...

Simply sign up to the German economy myFT Digest -- delivered directly to your inbox. Michael Pettis is a Beijing-based associate of the Carnegie Endowment for International Peace. In a New York Times ...

A comparative advantage can be something inherent, in the way a person’s height might make them better at basketball. It can also be developed and improved, the way one basketball player can become ...

Economist Laurent Augier recalls that a 2004 article by Nobel Prize-winning economist Paul Samuelson anticipated a situation in which the theory of comparative advantages, the 'doxa' of globalization, ...

Companies occasionally analyze their competitors' weaknesses to turn those weaknesses into their own strengths, eventually increasing their market share. In many cases, they may only focus on ...