题目内容
Ricardo's thoery of comparative advantage is a static theory that does not consider changes in international competitiveness over the long run.
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Dynamic comparative advantage refers to the creation of comparative advantage through the mobilization of skilled labor, technology, and capital.
Industrial policy seeks to direct resources to declining industries in which productivity is low, linkages to the rest of the economy are weak, and future competitiveness is remote.
Europe's jumbo-jet manufacturer, Airbus, has justified receiving governmental subsidies on the grounds that the United States from becoming a monopoly in the jumbo-jet market.
The imposition of pollution-control regulations on domestic steel manufacturers leads to decreases in production costs and an improvement in the steel manufacturer's competitiveness.
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