Absolute advantage/Related Articles: Difference between revisions
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Latest revision as of 07:41, 8 January 2010
- See also changes related to Absolute advantage, or pages that link to Absolute advantage or to this page or whose text contains "Absolute advantage".
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- Adam Smith [r]: Scottish moral philosopher and political economist (1723-1790), a major contributor to the modern perception of free market economics; author of Wealth of Nations (1776). [e]
- Comparative advantage [r]: The motive for trade that arises from the fact that for each trader there are things that he does best, and things that he can better obtain by trading. [e]