what is an example of comparative advantage 
an interesting example of comparative advantages often arises for high powered executives who may consider hiring an assistant to answer their emails and perform certain secretarial functions the executive may even better at performing these duties than their assistant but the time they spend doing secretarial work could be spent more profitably by doing executive work likewise even if the assistant is mediocre at secretarial work they would likely be even more ill suited for executive work together they are ultimately more productive if they focus on their comparative advantages the bottom linecomparative advantage is one of the most important concepts in economics in classical economics this idea explains why people countries and businesses can experience greater collective benefits through trade and exchange than they can produce alone however contemporary economists have also pointed out that these gains can be one sided or result in exploitation of the weaker parties 