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Home » ECONOMICS & MARKET INTELLIGENCE: Dogs and zombies of the manufacturing sector

ECONOMICS & MARKET INTELLIGENCE: Dogs and zombies of the manufacturing sector

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One of the foundational principles in the theory of international trade has to do with comparative advantage. The law is popularly attributed to English political economist David Ricardo and his 1817 book, On the Principles of Political Economy and Taxation. It refers to an economy’s ability to produce a particular good or service at a…

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