Comparative
in sentence
336 examples of Comparative in a sentence
In this way, a government that is exacting about the quality of its purchases can have a powerful impact on the evolution of its country’s
comparative
advantage.
He had no doubt about which vision would win out: “Yearly one nation after another would drop into the union which best suited it; and looking to the commercial activity of the Teutonic races, and the
comparative
torpor of the Latin races, no doubt the Teutonic money would be most frequently preferred.”
And this was before the students had been instructed in the wonders of
comparative
advantage!
Moreover, re-casting the World Bank’s mission in this way taps the Bank’s distinct
comparative
advantage relative to the dozens of bilateral aid agencies and hundreds of non-governmental organizations that work in developing countries.
That observation should not, however, overshadow fundamental economic insights – specifically, that trade and the location of production are determined by comparative, not absolute, advantage.
A country will always have a
comparative
advantage in something; but that something changes.
Many advanced countries, for example, now have a
comparative
advantage in high-value-added activities.
Beyond the headwinds generated by slow advanced-economy growth and abnormal post-crisis monetary and financial conditions, there are the disruptive impacts of digital technology, which are set to erode developing economies’
comparative
advantage in labor-intensive manufacturing activities.
Sometimes I think of myself as an expert in
comparative
occupation studies.
Yet rich countries should, through education and building on their edge in know-how, be able to find new
comparative
advantages for what they produce.
This may be particularly relevant today, with China’s rising wages and appreciating exchange rate underscoring rapid change in global
comparative
and competitive advantage.
They have to think carefully about the future direction of their economies – about their dynamic
comparative
advantages.
Global supply chains – constantly in flux, owing to rising developing-country incomes and shifting
comparative
advantage – locate productive activities where human and other resources make those activities competitive.
Second, the advanced countries should open their markets to textiles and apparel (and other labor-intensive manufactures) from Africa, sectors in which Africa has a clear
comparative
advantage.
Wages and prices fell, but not enough to allow Argentina to compete effectively, especially since many of the agricultural goods which constitute Argentina's natural
comparative
advantages face high hurdles in entering the markets of rich countries.
Back at the macro level, China needs to reallocate responsibilities and resources among the various levels of government, in order to capitalize on their
comparative
advantage in providing services and raising revenue.
My research with Maggie McMillan of Tufts University and the International Food Policy Research Institute shows that countries with a strong
comparative
advantage in natural resources are particularly prone to fall into the trap of growth-reducing structural change.
It needs a nudge in the appropriate direction, especially when a country has a strong
comparative
advantage in natural resources.
The new "African Economic Outlook" (AEO), an attempt to dispel this cloud of stereotyped knowledge by analyzing the
comparative
prospects of 22 countries, is based on the OECD model.
With Croatia’s accession at the beginning of July, the EU now consists of 28 member states, each of which has its own particular set of special interests pressing for trade promotion or protection, based on
comparative
advantage, history, and raw domestic political power.
The gains from such pacts stem from a variety of factors, the most important of which is
comparative
advantage: countries specialize in producing the goods and services that they are relatively most efficient at producing, and trade these goods and services for others.
But China was still a poor, agrarian economy; it held no
comparative
advantage in capital-intensive industries.
On the one hand, the government continued to provide transitory protection to firms in priority sectors; on the other, it liberalized the entry of private enterprises and foreign direct investment into the labor-intensive sectors that were consistent with China’s
comparative
advantage but were repressed in the past.
Simply put, there is no substitute for understanding
comparative
advantage.
In the absence of a benchmark for
comparative
assessment, we do not really know whether 192 “protectionist” measures is a big or small number.
Since the 1970s, several OPEC members, led by Saudi Arabia, have worked to diversify their industrial base by promoting sectors with a
comparative
advantage, such as petrochemicals, and building mega-refineries to enable the export of value-added products.
The city also created linkages with others nearby, with each complementing the others’
comparative
advantages, thereby reinforcing collective progress.
These
comparative
advantages may keep Japan above water for a while, but only until China or South Korea catch up.
Clearly, a new approach is needed – one that capitalizes on the
comparative
advantages of the private sector, state authorities, and the federal government.
Because they cannot be good at everything, they must concentrate on what they are best at – that is, on their
comparative
advantage.
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