KillerApps Micro: Comparative advantage
01/03/13
Chicken feet, long considered a waste product in the US, have become a profit center for the high-volume low-profit US chicken industry in the China export market. But this export trade is not exempted from political whims.
03/07/07
Lower-pay certified doctors, duly accredited facilities, and 5-star facilities have contributed to the comparative advantage of overseas hospitals in non-emergency big-budget surgeries for international patients.
02/27/07
China's low labor cost, abundant test animals, tax incentives, and permissive research environment have contributed to its comparative advantage in drug development.
01/30/07
Niche comparative advantage in location proximity and fast response time could overcome the disadvantage of high wages in the garment industry.
01/23/99
Sweatshops in low wage countries supplying goods to American companies may offer better paying jobs than other local firms.