Martin Richardson does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Simply sign up to the German economy myFT Digest -- delivered directly to your inbox. Michael Pettis is a Beijing-based associate of the Carnegie Endowment for International Peace. In a New York Times ...

DURING the 1990s, the concept of comparative advantage served as the economic foundation for agricultural production, guiding the cultivation of crops and livestock. At the time, economists emphasised ...

In the early 19th century David Ricardo formulated the principle of comparative advantage to explain mutual gains from trade among countries. He based it on a critical assumption: that capital did not ...

Add articles to your saved list and come back to them any time. After this week, we might need to rethink the concept of comparative advantage in trading relationships with the US. The winners in ...