Crispin Nkya MBA / Finance Student International Business Comparative advantage occurs when a nation’s opportunity of cost of producing goods is lower than the opportunity cost of producing the same good in another nation (Feenstra & Taylor, 2014). Germany for example has a comparative advantage in producing machinery than most countries due to it’s largelyContinue reading “Comparative Advantage: What it is…”
Tag Archives: road to success
3 Flawed business policies costing companies millions
Analysis