The concept of competitiveness develops and amplifies the older concept of comparative advantage. It is based on factors which influence domestic prices of inputs and outputs as compared with foreign competitor's prices of the same inputs and outputs. Usually national statistics of the ratio of...

Trade in differentiated manufactured goods from the same industry, between developed economies characterized by similar relative factor endowments, has been observed to be an important feature of international trade patterns since the 1960's. While the traditional, factor-proportions model of...