Reference Entry

comparative advantage

Susan Mayhew

in A Dictionary of Geography

Fifth edition

Published in print January 2015 | ISBN: 9780199680856
Published online May 2015 | e-ISBN: 9780191761034
comparative advantage

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The advantage of some nations or regions to produce goods better and more cheaply than less favoured nations or regions; an important concept in understanding regional specialization. ...

Reference Entry.  57 words. 

Subjects: Earth Sciences and Geography

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