միանշանակ առավելություն

միանշանակ առավելություն

This is the simplest yardstick of economic performance. If one person, firm or country can produce more of something with the same amount of effort and resources, they have an absolute advantage over other producers. Being the best at something does not mean that doing that thing is the best way to use your scarce economic resources. The question of what to specialize in--and how to maximize the benefits from international trade--is best decided according to comparative advantage. Both absolute and comparative advantage may change significantly over time.

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Pramonės šaka / sritis: Economy
Category: Economics
Company: The Economist
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միանաշանակ առավելություն

Business services; Marketing

Any entity with the ability to produce goods at a lower cost than other entities.

համեմատական առավելություն

Business services; Marketing

Occurs when one country or company can produce at a lower opportunity cost than another.

մևցակցային առավելություն

Economy; Economics

Something that gives a firm (or a person or a country) an edge over its rivals.

համեմատական առավելություն

Economy; Economics

Paul Samuelson, one of the 20th century’s greatest economists, once remarked that the principle of comparative advantage was the only big idea that economics had produced that was ...

դինամիկ կորպորատիվ առավելություն

Economy; International economics

A changing pattern of comparative advantage over time due to changes in factor endowments or technology.

վարկանիշ

Economy; Economics

A guide to the riskiness of a financial instrument provided by a ratings agency, such as Moody’s, Standard and Poor’s and Fitch IBCA. These measures of credit quality are mostly ...

նորմավորում

Economy; Economics

Although economists say that rationing is what the price mechanism does, what most people think of as rationing is an alternative to letting prices determine how scarce economic ...

իրական փոխարժեք

Economy; Economics

An exchange rate that has been adjusted to take account of any difference in the rate of inflation in the two countries whose currency is being exchanged.

իրական տոկոսադրույք

Economy; Economics

The interest rate less the rate of inflation.

անկում

Economy; Economics

Broadly speaking, a period of slow or negative economic growth, usually accompanied by rising unemployment. Economists have two more precise definitions of a recession. The first, ...