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比较优势陷阱 英文Comparative Advantage Theory and Comparative Advantage Trap
The Comparative advantage Comparative Advantage Trap about China and Countermeasures in Foreign Trade
15 国贸全英 傅文琦 2015333517006
Abstract
The theory of comparative advantage is the basis of international trade theory and participates in the international division of labor for all countries, and plays an active role in the development of international trade. Developing countries tend to be advantaged in the international division of labor and labor-intensive and resource-intensive Industry-oriented sectors, which is not conducive to the sustainable development of foreign trade in the long run, and may even fall into the trap of comparative advantage. Currently, China has not yet fallen into the trap of comparative advantage, and is changing from the extensive foreign trade growth mode to intensive growth mode .Under this circumstance,the driving force to achieve the trade power and gain the leading status in the international market is comprehensive innovation.
Key words:Comparativeadvantage,comparative advantage trap,China?s economy, competitive advantage
1. Comparative Advantage Theory and Comparative Advantage Trap
In the 18th and 19th centuries, from the classical economist Adam Smith’s theory of absolute cost, David ricardo’s theory of comparative cost, then Heck herschel - OLin’s theory of factor endowments, finally through Leontief?s comprehensive extension, comparative advantage theory system is formed, which haslong been
regarded as the mainstream of international trade theory, becoming the guidance of foreign trade around the world.However, with the great impact of knowledge economy, the speeding-up process of economic globalization, the world trade environment has changed significantly, the defects of the comparative advantage theory have been exposed, thus the consequence is caused by the comparative advantage trap, which also s
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