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.


This work is licensed under a Creative Commons Attribution 4.0 License.