The Theories of the Comparative and the Competitive Advantages in the International Trade

Suzana Popa

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 88-91

Abstract: The traditional theories – the classic and the neo-classic ones – are based on certain hypotheses, which simplify the analysis of causes and effects of international trade. Some of them are specific to the classic theory, some to the neo-classic theory and others can be found to both models. Although the international trade based on staples still reflects the abundance of natural resources in the partener countries, the trade based on manufactured products put into practice even less the principles of neoclassic theory. More often the nature of commercial flows is even contrary to that recommanded by this one. It has been noticed that many countries export and import at the same time products for which they hold comparative advantage.

Keywords: international trade; the theory of comparative advantage; the theory of competitive advantage (search for similar items in EconPapers)
JEL-codes: F1 F4 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2013p1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:88-91

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().