Irrelevance of competitive advantage for the benefits of international trade

Article English OPEN
Siggel, Eckhard;
  • Publisher: Bentham Open Sharjah
  • Related identifiers: doi: 10.2174/1874919401205010015
  • Subject: F10 | F12 | comparative advantage | competitive advantage | international competitiveness | gains from trade | intra-industry trade
    • ddc: ddc:330

International competitiveness is often regarded as crucial for the attainment of gains from trade, which may lead policy makers to subsidize exports. This view is based on confusion between the concepts of competitive and comparative advantage. The paper argues that whe... View more
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