Comparative Cost Advantage Theory by David Ricardo | Explained by Hardev Thakur
__________________________________________________________
Share this video on Facebook: https://rb.gy/zsusw
Share this video on WhatsApp: https://rb.gy/567s1Z
join on telegram: https://bit.ly/3UP3O7M
Follow on Instagram: https://bit.ly/3UNUlxJ
Subscribe this Channel here: https://bit.ly/3hPwiMj
Join this channel to get access to perks: https://bit.ly/3SJNS53
______________________________________________________________________
In this video we have talk about what is Comparative cost advantage theory given by Davide Ricardo and how he tried to explain that international trade can be beneficial for all countries. We also discussed assumption and criticism of Comparative cost advantage theory
Thankyou for Watching.
______________________________________________________________________

Chapters :-
0:00 Intro
3:32 Theory
10:23 Diagram Explanation
13:29 Assumptions of theorem
15:48 Criticism of theorem
17:59 Numericals
___________________________________________________________________
#comparativecostadvantage #comparativecostadvantagetheory #comparativeadvantagebyDavidricardo #Comparativeadvantagetheorybydavidericardo #absolutecostadvantagetheory #absoluteadvantagetheory #absoluteadvantagebyadamsmith #adamsmithinternationaltradetheory #internationtradeheorybyadamsmith #adamsmithinternationaltrade #ugcneteconomics #pgteconomics #economicspgt #CUCETECONOMICS
#cucetpgeconomics #cuceteconomics