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Re: Comparative Advantage: Comparative Exploitation



Dear Kazuhiro,

Thanks for your interesting comments. You write: "The wage-price level in
your article corresponds to "gold" in my argument." (i.e., the numeraire in
your three-goods model) Please send a   url  or other reference where I can
find your work.

I would like to point out that my article is not really meant to be a
positivist explanation of the terms of trade. My article has a more modest
educational or critical purpose. I hope that students find the article, so
that they can give their professors a hard time when the beauties of
comparative advantage are taught in class.

In reply to: Re: Comparative Advantage: Comparative Exploitation      by
Kazuhiro Kurose      29 January 2003





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