1 / 6

Trade and Comparative Advantage: Insights from Ricardo to Samuelson

This piece explores the concept of production possibility frontiers, trade, and comparative advantage, tracing their evolution from David Ricardo's foundational ideas in the early 19th century to Paul Samuelson's 20th-century analysis that earned him the Nobel Prize in Economics. The discussion highlights key economic principles and their real-world implications, shedding light on how nations can maximize their productivity and benefits from trade. The interplay between these concepts continues to shape modern economic policy and theory.

alanna
Télécharger la présentation

Trade and Comparative Advantage: Insights from Ricardo to Samuelson

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Sept 14, 2009 Production Possibility Frontier (conclusion) Trade and Comparative Advantage

  2. David Ricardo 1772-1823

  3. Paul Samuelson 1970 Nobel Prize in Economics b 1915-

  4. Fletcher Christian (aka Clark Gable)

More Related