Comparative Advantage: The theory that countries should specialize in the production of goods and services they can produce more efficiently. A country is said to have a comparative advantage in the production of such goods and services. Related posts: Personnel Management Operative Functions Administrative Role of PM Competency HR Management Role Change Personnel Policies Personnel Procedures Appealed Policies Implied Policies Specific Policies Personnel records Research Pure research Personnel research Attitude or Opinion Survey Turnover Secondary research Applied research Personnel audit Read more articles Previous PostClass Consciousness Next PostAbsolute Advantage