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Comparative in sentence

336 examples of Comparative in a sentence

This view of trade as a zero-sum game was a feature of the mercantilist theory that reigned three centuries ago, before Adam Smith and David Ricardo made the case that trade would normally benefit both partners, by enabling each to take advantage of their comparative advantages.
One is a shift in comparative advantage.
Greece should move beyond its traditional focus on sectors such as tourism, shipping, and construction, and search for new areas of comparative advantage in renewable energy, high-value-added services, and selected lines of manufacturing that benefit from the country’s research potential.
Trade is potentially a positive-sum game, with all countries benefiting by exploiting their areas of comparative advantage.
The essence of globalization – free trade – rests on the theory of comparative advantage, which views international trade as profitable even for a country that can produce every commodity more cheaply (in terms of labor or all resources) than any other country.
Economists regard understanding the theory of comparative advantage as a test of professional competence.
Samuelson, who called the theory of comparative advantage the most beautiful thing in economics, changed his tune a bit at the end of his life.
As Wolfers explains,“The principle of comparative advantage tells us that gains from trade are largest when your trading partner has skills and endowments that are quite different from yours.
Greece has several sectors that could provide it a comparative advantage within the eurozone, most notably the maritime sector, energy, tourism, agriculture, and social entrepreneurship.
But Germany has never accepted the static theory of comparative advantage on which this practice is based.
It is often said that the EU's comparative advantage lies in its normative power, or the power of its values.
Some US industries, such as chemicals and plastics, will gain a significant comparative advantage in production costs.
A bit of opportunism is also at work, for they undoubtedly also oppose EU regulation of taxation and social norms, adoption of which would deny them their comparative advantage for Western investors.
And, in these areas, France has real comparative advantages.
Today, a new comparative debate has started.
Instead, the new comparative debate involves Asia’s two new economic, demographic, and political giants, China and India.
As the United States and other developed countries pursue “re-industrialization” and the Chinese economy’s low-wage comparative advantage diminishes, China must re-establish its competitiveness by positioning itself at the top of the global value chain, which implies the need to promote trade and upgrade its industrial infrastructure.
These Justices regularly travel to colloquia on comparative constitutional law and see themselves as part of an international community of high court judges.
Because North Korea does not repay loans, it cannot borrow money; because it reneges on deals, it drives away potential partners; and, because it aims for autarky, it cannot specialize or exploit its comparative advantages.
The sharp differences in comparative advantage that were apparent two decades ago are diminishing as the gap in income, capital depth (including human capital), and capabilities narrows.
China’s comparative advantages, including a global financial center in Hong Kong and a regional financial center in Shanghai, reinforce its leadership role.
The first government of the left in Uruguayan history has comparative advantages in this respect, for, unlike in Brazil and Chile, Uruguay’s social democrats have ruled as a one-party majority government.
The comparative record gives us little confidence that the French reforms will produce a boost in employment.
But NATO's leaders should bear in mind that, viewed in comparative and historical perspective, such change will be less an imposition from outside and more the result of internal pressures and initiatives.
Improved agricultural productivity would benefit rural areas and give farmers a comparative share in the Union’s growing wealth.
They hope for an upturn in the economic climate, or to get a comparative advantage in the ferocious competition for first jobs.
While mainland China has its comparative advantage of lower-cost labor, Hong Kong, as one of the largest free ports and financial centers in the world, registered in 1996 the world highest proportion -- 81% -- of GDP derived from services.
First, international trade is based on the principle of comparative advantage; countries export goods in which they have a relative advantage and import goods in which they have a relative disadvantage.
And if political scandals were export goods, Brazil would have a clear comparative advantage.
Similarly, Samih Toukan and Hussam Khoury, who created Maktoob (now owned by Yahoo), were able to combine the comparative advantage of Jordan’s creative talent and low costs with the quality and convenience of Dubai’s infrastructure and business networks.
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