3 ms·
What's an example of how an entire country gets worse off with free trade according to the model of comparative advantage? That model is shown in https://en.wik
by abecedarius 8y ago
What's an example of how an entire country gets worse off with free trade according to the model of comparative advantage? That model is shown in https://en.wikipedia.org/wiki/Comparative_advantage#Ricardo's_example https://en.wikipedia.org/wiki/Comparative_advantage#Ricardo'... and I don't see how you get that result, unless you're thinking of someone powerful in that country just appropriating all the gains, which act it seems perverse to blame on trade.