The new development in the theory of comparative advantage and the improvement in China's competitiveness in international trade
Research Article
DOI: 10.21661/r-129998
Open Access
- Published in:
- Monthly international academic journal «Interactive science»
- Author:
- Han Ch. 1
- Work direction:
- Экономика
- Rating:
- Article accesses:
- 3580
- Published in:
- doaj
- eLibrary.ru
1 FGBOU VO "Sankt-Peterburgskii gosudarstvennyi ekonomicheskii universitet"
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For citation:
Han C. (2017). The new development in the theory of comparative advantage and the improvement in China's competitiveness in international trade. Interactive science, 134-136. https://doi.org/10.21661/r-129998
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UDC 330.101.22
DOI: 10.21661/r-129998
Abstract
According to the author the rapid growth in international trade has made China widely known as a competitive trade country. However, we shouldn’t ignore the problems in our trade development. Through the analysis of the new development in the theory of comparative advantage, we should lay emphasis on the variability of comparative advantage, develop high- level intra-industry trade and cultivate less developed as well as potential industries, such as the industry of technology.
References
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- 5. Li Donghong. China's strategic trade policy under open economy [J]. Economist. – 2005. – №5. – С. 84–85.
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