The Ricardo Model I: Comparative Advantage, Competitive Advantage, Wages, Prices, Exchange Rates

Lecture 1, Part 1 for the EBE International Economics course 2013

[@williamotoole8666]

Professor. Thank you for giving the dimensions of the units used e.g time: one hour of labor. This is always forgotten, particularly by economics teachers. They use ratios and forget the origin of the comparison. But it is fundamental to any measurement. It must be consistent.

[@tamaritsverikmazashvili9347]

Thank you so much. There's no way one can't understand the material after watching this video. Thanks!

[@djwhitt7]

Awesome! Out of all video's on comparative advantage, this one I got. Thank you!

[@gabrielakiklica8919]

Is there any place I could see some other of Your lectures, Professor?

[@amiraelsawah3946]

Thank you so much proff. for this amazing video, i really have learned alot .. but i wish you could explain the part of " Comparative advantage with money"
THANK YOU again !

[@vishaltawde8986]

thank you Sir for excellent lecture..

[@deepakclasses4851]

very nicely explained.

[@WaqarAhmad-mo5wu]

Thanks Richard for sharing this video....

[@elenaanele4841]

¿Por que no hay nada parecido wn castellano?. Thank you.

[@abdurrehman9388]

thanks so much

[@ngocvu905]

thank you ^^

[@stank2902]

There is a 5 euro bill to be precise