How can comparative advantage inform future trade and investment interests across regions and sectors? What are the limits of comparative advantage here?

Background

The world’s production capability across different sectors may be best understood in terms of global supply chains, for example as R&D takes place in one country and manufacturing in another. Further evidence should inform classification of sectors, measurement of value-addition, and challenge assumptions in our understanding of supply chains.

Next steps

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Source

This question was published as part of the set of ARIs in this document:

DIT Areas of research interest 2020 to 2021 GOVUK

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Similar ARIs from other organisations

Increase our global Impact What are the key routes for UK trade? What makes them key routes? Department for Transport, 2023
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