[OPE-L:8453] Re: Comparative advantage: Comparative exploitation

From: gerald_a_levy (gerald_a_levy@msn.com)
Date: Tue Feb 11 2003 - 07:51:24 EST

Re [8403]:

There was an interesting comment on  the Kohler paper on the
Post-Keynesian Thought (PKT) list by Kazuhiro Kurose (from 
the Graduate School of Economics and Business Administration 
at Hokkaido University in Sapporo, Japan):

He claims that if instead of a two-good model, another good
(such as gold) is adopted as numeraire or if there is a three-
good model then the principle of comparative advantage lacks
generality.  Kurose doesn't cite a source, though, for this 
conclusion.  Does anyone know of such a source by Kurose 
or anyone else?

Solidarity, Jerry
  An article by Gernot Kohler:
  "Comparative advantage: Comparative exploitation"

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