A New Idea about Ricardo’s Comparative Advantage Theory on Condition of Multi-Commodity and Multi-Country

Yiqian Tian

Abstract


Today, many theories prove the imperfection and limits of David Ricardo’s comparative advantage theory. This paper offers necessary explanations and creates a model for the n*n condition (n countries and n commodities) derived from the comparative advantage theory. It is a static equilibrium analysis based on the original model. This paper advances the final distribution methods and ways for the n*n model of multi-commodity trade.

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International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

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