DocumentCode
2141465
Title
The Benefits of Trade on the Base of Comparative Advantage Model
Author
Wang Zhigang
Author_Institution
Sch. of Econ. & Manage., Wuhan Inst. of Phys. Educ., Wuhan, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
In comparative advantage model, no matter for complete or partial specialization, trade is determined by factors endowment. The results of trade, such as consumption, utility and terms of trade, are influenced by elements such as factors endowment and production efficiency. Consumption preference and demand strength can also affect trade to some extent.
Keywords
commerce; microeconomics; comparative advantage model; consumption utility; factors endowment; production efficiency; trade; Costs; Labor resources; Production; Technology management;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Electronic_ISBN
978-1-4244-4639-1
Type
conf
DOI
10.1109/ICMSS.2009.5303577
Filename
5303577
Link To Document