Tag Archives: Comparative advantage

Comparative advantage ain’t what it’s cracked up to be!

When you want to justify something, it always helps to have a theory to fall back on.  In explaining the meteoric rise of the U.S.’s trade deficit with China, many commentators harken back to the theory of comparative advantage authored by the economist David … Continue reading

Posted in american made, China, Made in America, made in usa, shoes | Tagged , , , , , , , , , | 2 Comments