Comparative Advantage and Economic Performance of East African Community (EAC) Member States

The dynamics of agri-food trade between the EU28 and East African Community (EAC)

“…For instance, the findings show that EAC has comparative advantages in some of its agri-food products (SITC054, SITC058, SITC071, S074, SITC075, SITC121) in both towards the global market and the EU28 (Table 4). These findings are in line with conclusions of Chingarande et al (2013) whose results revealed that EAC countries have comparative advantages in some food products, such as teas, jute and beans in Kenya, fish fillet or meat in Tanzania, coffee, maize and fish in Uganda, coffee and tea in Rwanda.…”

Inter-Industry Comparative Advantage of Sudan

“…Their findings revealed that Uganda has comparative advantage in limited products. The results are similar to Chingarande et al (2013) in which they investigated the comparative advantage of the East African Community (EAC) member states. In respect for Uganda, they found that it has comparative advantage although in limited products.…”

Ricardian Theorem Reality; Assessment of Sino-Tanzania Trade 2015-2019

“…The Ricardian Theorem by David Ricardo (1817) states that the nation should produce goods that are more proficient and sell to other nations while buy goods from others that are less effective to likely being produced due to different factors related to production (Ricardo, 1817;Salvatore, 2016). The two nations will expand their production by broadening income and making their customers save money and use more for the two products by paying less (Hill, 2008;Chingarande et al, 2013). The Ricardian law has been endorsed significantly by Heckscher-Ohlin (Krugman & Obstfeld, 2006), who offers a lot of proof, given the factor endowment idea (Hill, 2008;Salvatore, 2016).…”