A contemporary example: China’s comparative advantage with the United States is in the form of cheap labor. Chinese workers produce simple consumer goods at a much lower opportunity cost.

Absolute vs. Comparative Advantage: ... For example, Japan and Italy both produce automobiles. If Italy can manufacture higher quality sports cars and make a greater profit than the competition, ...

Our Comparative Advantage Frank A. Wolak is a professor of economics and director of the Program on Energy and Sustainable Development at Stanford University. Updated January 19, 2011, 11:01 PM ...

That is, Ricardo on trade and comparative advantage might be 200 years old today but it's all still entirely relevant. And thus, of course, we really should get to grips with the only logically ...

So, rather than fear the rise of China as a manufacturing giant, India needs to focus on those sectors and products where it has a comparative advantage vis-a-vis China.