Abstract
Like the Torrens-Ricardo Principle of Comparative Advantage, Haberler's Principle rests on the implicit assumption that, in autarchic equilibrium, each country produces and consumes all commodities, at least incipiently. Without that assumption, both principles must be substantially qualified. In the present paper, which focuses on Haberler's Principle, the required qualifications are provided in detail.
| Original language | English |
|---|---|
| Pages (from-to) | 1-9 |
| Number of pages | 9 |
| Journal | Asia-Pacific Journal of Accounting and Economics |
| Volume | 13 |
| Issue number | 1 |
| Publication status | Published - 2006 |
Keywords
- comparative advantage
- Gottfried Haberler