Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...

India's economic future is more closely aligned with Western economies than with emerging-market blocs such as BRICS, ...

Classical economists, Adam Smith and David Ricardo, had laid the intellectual foundations for this assumption much earlier with their theories of absolute and comparative advantage, showing how ...

Thanks to oil prices that have reached record levels, proponents of increased exploration in the United States have gained an upper hand in the debate over whether to drill in previously untapped ...

It’s very rare that one feels bold enough to disagree with Professor Diedre McCloskey on economics (or history or English or anything else she chooses to master or simply take an interest in, which ...

Graham Lawton asks why we are often misguided, and begins by explaining that international trade is a win-win game because of comparative advantage (16 December 2017, p 28). He explains this in terms ...

Through the country's 'Make in India' policy, which aims to promote domestic entrepreneurship and attract foreign investment into high-tech export industries, India's focus on self-reliance has ...

Gaining competitive advantage is key to increasing market share and ultimately profits, but what is competitive advantage and how does it apply to today’s globalized economy? Understanding the ...

FAO is one of the three Rome-based agencies (FAO, IFAD, WFP) working to fight hunger and promote sustainable agriculture and rural development. FAO's comparative advantage is in providing policy ...