0
$\begingroup$

This question already has an answer here:

Source: 'The Theory of Comparative Advantage - Overview', Prof Steven M. Suranovic

Advantageous trade based on comparative advantage, then, covers a larger set of circumstances while still including the case of absolute advantage and hence is a more general theory.

Please explain this? What's the intuition, which I prefer over a formal proof?

$\endgroup$

marked as duplicate by Steven Landsburg, FooBar, cc7768, Martin Van der Linden, jayk Feb 24 '15 at 5:19

This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.

  • 1
    $\begingroup$ Since you've already posted a question asking for the intuition behind comparative advantage, maybe you should wait for an answer before posting additional questions that ask again, in essence for the intuition behind comparative advantage. $\endgroup$ – Steven Landsburg Feb 21 '15 at 17:44
  • $\begingroup$ @tohster How are these duplicates? They don't seem so. $\endgroup$ – Greek - Area 51 Proposal Feb 21 '15 at 18:58
  • 1
    $\begingroup$ They're duplicates because you are spamming the site asking for an intuitive understanding about comparative advantage from 4 different angles while adducing little to show that you have done any research to answer your own questions. This results in 4x the demand for the community's time to help you understand a principle intuitively, which comes at the cost of folks answering questions from other more researched questioners. You may certainly claim that the questions are distinct, but before you argue that you may want to look at the down votes to assess what others think of this approach. $\endgroup$ – tohster Feb 21 '15 at 19:27
  • $\begingroup$ Re: "how to improve the questions": Simple. Include in the questions some thoughts on a) what you think could be the intuition and/or b) why your tentative answer is unsatisfactory to you -which in turn validates your asking for help here. $\endgroup$ – Alecos Papadopoulos Feb 27 '15 at 2:35