(RELATED: The False Promise of President Trump’s Trade Policies) Specializing in what you do best means you are specializing in your comparative advantage. Your comparative advantage is the good ...

Media rights group Reporters Without Borders (RSF) has sounded the alarm over what it described as a dramatic "deterioration ...

BY his 90-day proscription period, and beyond, the world will be in a quandary, mulling over Trump's next moves over the ...

However, the U.S. does not have a comparative advantage in manufacturing clothes, shoes, and furniture. National prosperity is maximized when the U.S. allocates scarce resources, land, labor ...

Second, trade has allowed the U.S. and its partners to focus on their comparative advantages, just as the British economist David Ricardo famously predicted. In Mexico, tomatoes and other ...