How to use comparative advantage in a sentence

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Sentence Examples More cutbacks are inevitable as steel production shifts to other countries and the US finds its comparative advantage elsewhere. Socialism has a comparative advantage in the area of productive efficiency. The biggest qualm I have with fair trade is its basic ignorance of comparative advantage. The privileged country should have its workers specialize in their comparative advantage. Different rules construct the possibility for different forms of sectoral comparative advantage. This measures the comparative advantage of coal relative to other sectors as a percentage of the cost of inputs. A ratio higher than 1 in a product group is connected with a comparative advantage. A few years later he attacked the comparative advantage rationale for free trade. A more general point is to consider the economic concept of comparative advantage. What they need instead is an open marketplace in which to compete using their comparative advantage. The developing world probably does enjoy a comparative advantage in the production of certain agricultural goods. Countries would focus on the factors of production where they enjoyed the greatest comparative advantage. Business economists have a strong comparative advantage in analyzing how such events are likely to affect their employers. Rachid warned that African countries must not focus on the few products in which individual states enjoy a comparative advantage. Legal practitioners have a vast comparative advantage over law schools in teaching practical lawyering skills. On the contrary, our model positions us well to make diversity and cosmopolitanism our comparative advantage in the new globalized economy. But Iowa's real comparative advantage is its second peculiar institution, its redistricting law. A sharper redefinition of roles on the basis of the demonstrated comparative advantage of each institution would therefore be in order. In practice as well as in principle, the fusty old idea of comparative advantage still works. This proportionately reduces the comparative advantage of exporting the goods in question. Show More Sentences Devising industrial policy, like divining comparative advantage, is a matter of trial and error. The modalities of such partnership shall be determined by the comparative advantage of each and the prevailing circumstances. Cropping apparently lacked comparative advantage compared to livestock grazing. We have an asset to which we often refer when talking of our comparative advantage in international trade: our population. I am also looking into the comparative advantage of being in The Hague and hence close to the Court. It was recommended that ESCAP concentrate on larger and longer-term projects, particularly where it had a comparative advantage. However, in terms of comparative advantage, the intermodal transport market is limited to distances exceeding approximately 500 kilometres. Each partner will contribute according to its comparative advantage in support of the National EFA Plans to ensure that resource gaps are filled. While coordination among all of us is crucial, each agency also works in its areas of comparative advantage. He explained all this business about comparative advantage and how free trade worked. As we have said, regional organizations have a comparative advantage in this area. An organization with limited means of action in the field has to establish areas of comparative advantage and undisputed excellence. Blogging's comparative advantage has nothing to do with the alleged superior skills of bloggers or their higher intelligence, quicker wit, or more fabulous physiques. We feel that some water will have passed under the bridge before the Philippines or Thailand obtain this kind of comparative advantage, and therefore there is no serious threat in this respect. The theory of comparative advantage cannot be cited, either, because no country, not even the most competitive country in the world, can feed the entire planet alone. The main areas of de-emphasis are in K01 particularly in aspects where FAO does not have the ability to make a significant contribution and where other partners are well placed and have clear comparative advantage. A collective analysis should throw up the comparative advantage of each agency and enable more focused programming in collaboration with development partners. One of the policy objectives proposed in chapter I for revenue-producing activities would be to strengthen the organizations' comparative advantage and competitive edge in their respective specialized fields. It has become apparent since the tsunami that UNDP, through its network of field offices, has a comparative advantage in capacity development and support for key services, particularly at the local level. First, despite the repeated assertions that developing countries hold a comparative advantage in agriculture, it is the rich countries that dominate world agricultural markets. Show More Sentences However, this will only happen if we can ensure a deeper and more rapid process of structural adjustment of our economy to reallocate resources to sectors where Europe has a comparative advantage. National Commissions are indeed the Organization's essential link to civil society, thus constituting a comparative advantage and an indispensable tool for the achievement of its objectives. In carrying out its functions it was important for the Department to take full cognizance of the competence of other relevant entities with a comparative advantage. The objective is not to increase the market share of rail against market forces but rather to use market forces to improve its competitiveness in those market segments where rail has a comparative advantage. The evaluations showed that when UNDP capitalizes on its comparative advantage, the organization succeeds in strategically positioning itself while maximizing the impact of its contributions to development effectiveness. Delivering results in priority areas holds the Cosponsors and the UNAIDS Secretariat accountable in each area of their respective comparative advantage. An external evaluation of ITC led by a group of donors reaffirmed the comparative advantage of ITC in providing trade-related technical assistance. It is a challenge posed by a country that has entered the international trading system not just with a comparative advantage but with potentially an almost absolute advantage in just about everything. And even if a country were the most efficient in every industry, giving it an absolute advantage in everything, it could not have a comparative advantage in everything. This theoretical shortcoming was addressed by the theory of comparative advantage. He argues that many of them lack a basic understanding of comparative advantage and its importance in today's world. The DAEs, despite their comparative advantage in labour-intensive activities, also specialise in research-intensive products to a greater extent than the euro area. Based on its limited or nonexistent comparative advantage, the donor decides to stop developing new microfinance operations and winds down its existing portfolio. Identify each region's comparative advantage and invest accordingly. In the biennium 2010-2011 the Office will engage more strategically in the process of United Nations reform in order to ensure that UNODC brings its comparative advantage to bear. The second specific aim is defined by analysis of local economic development within the framework of the embeddedness model and comparative advantage. The first benefit derives from comparative advantage. But its comparative advantage has deeper roots. That is the Democrats' comparative advantage. One comparative advantage of private-sector jobs is the pay. Show More Sentences The City's comparative advantage is clear from Britain's trade balance. According to theory, this may give a comparative advantage in production of goods that make more intensive use of the relatively more abundant, thus relatively cheaper, input. Murdoch's statements threw great light on the comparative advantage of gas and candles and contained much useful information on the expenses of production and management. To maintain the country's comparative advantage in forest products, Finnish authorities moved to raise lumber output toward the country's ecological limits. The comparative advantage the relearners gained from previous acquaintance with a particular maze vanished as the elapsed time approached six months. Examples from Classical Literature From this point of view our old question of the comparative advantage of righteousness and unrighteousness answers itself. Find more words! 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Use our Sentence Generator Nearby Words comparative comparation comparably comparable with comparable comparability comparative anatomy comparatively comparatively speaking comparatives comparator comparators