theory of comparative advantage
An economics term referring to the principle that countries benefit from trade by specializing in goods they produce relatively more efficiently.
Ricardo's theory of comparative advantage is one of the fundamental theories of international trade.
比較優位 is the more common modern term for 'comparative advantage'; 較優位論 is a less frequent variant that explicitly includes 論 (theory).
Compound of 較 (compare), 優位 (superiority, advantage), and 論 (theory). The exact historical derivation is uncertain; it is a technical term in economics.