Whether Comparative Advantage or Competitive Advantage
MA Shu-zhong
Abstract
MA Shu-zhong
Abstract
In this article, the theory of comparative advantage has been compared with that of competitive advantage on the basis of expounding them. The author points out that the foreign trade strategy in China should be changed and competitive advantage strategy should be executed. At last, some suggestions are given.
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In this article, the theory of comparative advantage has been compared with that of competitive advantage on the basis of expounding them. The author points out that the foreign trade strategy in China should be changed and competitive advantage strategy should be executed. At last, some suggestions are given.
Key concepts: Competitive advantage, Comparative advantage, Industrial organization, China, Business, International trade, Marketing, Political science