What matters is dynamic comparative advantage, or comparative advantage in the long run, which can be shaped.

Recessions are typically times of reallocation, where the true comparative advantages of a country unfold.

It is often said that the EU's comparative advantage lies in its normative power, or the power of its values.

In this view, America s ingenuity represents its true comparative advantage, which others strive to imitate.

From this perspective, these countries comparative advantage is having other countries exploit their resources.

The economist David Ricardo pointed out in 1817 that both Great Britain and Portugal would benefit if they exploited their comparative advantages.

These comparative advantages may keep Japan above water for a while, but only until China or South Korea catch up.

We Europeans cannot afford the luxury of dismantling a high value added industrial sector in which we still have a real comparative advantage.

Moreover, re casting the World Bank s mission in this way taps the Bank s distinct comparative advantage relative to the dozens of bilateral aid agencies and hundreds of non governmental organizations that work in developing countries.

Urban Advantages

The Benefits of Chinese FDI

The advantages outweigh the disadvantages.

What are some of the advantages?

The second argument for institutional independence is that central banks have a clear comparative advantage in dealing with monetary issues, and can therefore be trusted to pursue their targets independently.

Serbia s Advantages in Coming Late

Europe has great strengths.

Lagarde has other strengths.

But there are other advantages.

The Promise and Peril of Global Change

Virtue is defined by good accounting rules.

Knowledge would offer similarly monumental benefits.

Youth has its advantages.

What is the company's competitive advantage?

What are the advantages of this technology?

What are the advantages of this technology?

Because North Korea does not repay loans, it cannot borrow money because it reneges on deals, it drives away potential partners and, because it aims for autarky, it cannot specialize or exploit its comparative advantages.

In 2012, the most recent year for which comparable data are available, emissions were 34.5 billion tons.

But it has its benefits.

Undoubtedly these virtues are significant.

For Ankara the benefits of calling a truce are clear.

The competitors have other advantages, too.

The advantages of this should be exploited.

Traveling alone has its advantages.

We have every advantage over them.

What are the advantages and drawbacks of this method?

What are the advantages and drawbacks of this method?

Both types have advantages and disadvantages.

Every advantage has its disadvantage.

Every advantage has its disadvantage.

But today democracy has become a bottom up process where everybody has realized the benefits of having a voice, the benefits of being in an open society.

This scenario would grant the US three enormous advantages.

Its benefits and its disadvantages penetrate more deeply.

It clearly has attractions.

These benefits do not come without risk.

Now, in Beijing, officials see the advantages of a more hands off approach, and of institutions with a primarily commercial focus. But they have not eschewed the use of variable capital and reserve requirements, loan to deposit ratios, and thresholds for minimum deposits and maximum leverage as controls on property lending.