We continue with the further explanation of the next theory in international trade, the theory of comparative cost advantage given by Prof. David Ricardo

TYBCOM – Economics – International Trade Theory – Comparative Cost Advantage

We continue with the further explanation of the next theory in international trade, the theory of comparative cost advantage given by Prof. David Ricardo

This is the concluding video of this chapter where the professor continues with the limitations of the comparative cost advantage theory and a need for better trade theories

TYBCOM – Economics – International Trade Theory – Limitations of Comparative Cost Advantage

This is the concluding video of this chapter where the professor continues with the limitations of the comparative cost advantage theory and a need for better trade theories

In the continuation of HO theory, we understand the limitations and concepts of the HO theory in terms of factor intensity and factor abundance.

TYBCOM – Economics – International Trade Theory – Heckscher-Ohlin Theory – Limitations

In the continuation of HO theory, we understand the limitations and concepts of the HO theory in terms of factor intensity and factor abundance.

This video begins with the explanation of how does a country decide on the advantages and disadvantages of trading and what will be the conditions imposed called as Terms of Trade

TYBCOM – Economics – Terms of Trade – Introduction

This video begins with the explanation of how does a country decide on the advantages and disadvantages of trading and what will be the conditions imposed called as Terms of Trade

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