Скачать или смотреть David Ricardo: Win-Win Trade & Comparative Advantage

Why would a country ever trade with others if it’s already better at everything? In this short we break down David Ricardo’s big idea: comparative advantage – the logic behind win-win trade.

Using our fictional countries Techland and Farmland, we show how opportunity cost matters more than raw strength. Even if one country is more productive in both phones and wheat, both can end up with more of both goods by specializing and trading instead of trying to do everything alone.

We also touch on Ricardo’s idea of economic rent: some land is simply more fertile, so farmers on that land can earn extra income without working harder. That bonus comes from the land’s natural advantage, not effort – and it changes who really gains when the economy grows.

If you’ve ever heard that trade is a zero-sum game where one country must “win” and another “lose”, this video shows why economists disagree. Smart specialization and open trade can create a positive-sum game where everyone is better off.

If you enjoy quick stories of ideas that shaped the economy – from classical economists to modern trade debates – stick around, follow the channel and catch the next episode.

Watch also:    • Does Supply Really Create Its Own Demand? ...  

#economics #youtubeshorts #trade #DavidRicardo #comparativeadvantage #history

Most elements were AI-generated, however script, research, selection of materials and edit are original. The film was edited by hand (no auto-editing templates) and is not mass-produced. As a new, independent work, the specific selection, sequencing and presentation of materials constitute original authorship protected by applicable copyright laws.

David Ricardo, comparative advantage, win win trade, opportunity cost, economic rent, zero sum game, positive sum game, international trade, trade theory, classical economics, smart specialization, specialization and trade, economic thinkers, economics explained, economics short, history of economics, market trade, free trade, Ricardo model, gains from trade

ATTRIBUTION

David Ricardo (colorized) – Vladimír Krupa 81 – WMC – CC0 1.0 (Public Domain Dedication)
CC0 1.0: https://creativecommons.org/publicdom...

Music: Brain Trust - Wayne Jones (YouTube Audio Library)