On the Comparative Advantage and the Strategic Change of China's Economic Development
Cpc Party
Abstract
Cpc Party
Abstract
The comparative advantage theory is a very useful theory for developing countries.The paper explains the development of comparative advantage theory firstly,and then points out the problems brought to China by the implementation of comparative advantage strategy and analyzes the reasons.To solve these problems,the paper suggests China should promote its comparative advantage by using its late development advantage,and carry out double strategy which is consist of comparative advantage strategy and late development advantage strategy.
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The comparative advantage theory is a very useful theory for developing countries.The paper explains the development of comparative advantage theory firstly,and then points out the problems brought to China by the implementation of comparative advantage strategy and analyzes the reasons.To solve these problems,the paper suggests China should promote its comparative advantage by using its late development advantage,and carry out double strategy which is consist of comparative advantage strategy and late development advantage strategy.
Key concepts: Comparative advantage, Competitive advantage, China, Economics, International trade, Political science, Management, Law