3 ms·
> it just reinforces existing inequalities ("comparative advantage was reinforced") This is a misunderstanding of comparative advantage. Reinforcing Absolute
by khafra 6y ago
> it just reinforces existing inequalities ("comparative advantage was reinforced")
This is a misunderstanding of comparative advantage. Reinforcing Absolute Advantage would increase inequality. Reinforcing Comparative Advantage makes the goods produced by the less efficient trading partner more valuable to the other(s).