Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...
The U.S. has held a comparative cost advantage since the mid-2000s, indicated by the oil-to-gas ratio (calculated as the spot price for Brent crude oil divided by the spot price for Henry Hub natural ...
The comparative cost advantage of taking business to low-wage countries such as China or India, where unit labour costs in manufacturing are 20 per cent lower than in the US, are often not the bargain ...