. Overview of Comparative Advantage The concept of comparative advantage was discovered by British economist David Ricardo in 1817. He remains a central figure in modern trade theory. It basically revolves around the idea that a producer is not necessarily more efficient, given that both are producing two different goods, and there could be gains from trade, since they could speciali... https://www.fbsedu.in/static/js/main.59b6eaac.js:2:64528