SNDG

AcronymDefinition
SNDGSending
SNDGSouthern National Disc Golf (tournament; various locations)
References in periodicals archive ?
His Note 259 thus seems to have been comparing SNDG ratios rather than DNSG ratios; that is, comparing the labour cost of cloth in England with the labour cost of wine in England (where the labour units for cloth and wine are comparable), and comparing the labour cost of cloth in Portugal with the labour cost of wine in Portugal (where the labour units for cloth and wine are comparable); rather than comparing the labour cost of cloth in England with the labour cost of wine in Portugal (given that the labour units of the two countries are not comparable), and comparing the labour cost of wine in England with the labour cost of wine in Portugal (for the same reason).
If Ricardo did in fact regard the SNDG ratios as preferable to the DNSG ratios, then it will be argued below that the LCA of Ricardo does not provide a justification for a policy of international specialisation in production.
The custom of discussing the LCA in terms of trade between countries--a custom fostered by Ricardo--encourages policy recommendations for territorial specialisation, especially when the argument is based on DNSG ratios instead of SNDG ratios.
In the interpretation given in this article, Ricardo's LCA makes a comparison between SNDG ratios, that is, between the ratio of the price of commodity A and the price of commodity B in country X, and the ratio of the price of commodity A and the price of commodity B in country Y, and concludes that, if the two ratios are unequal, then profitable trade is possible, using the comparative advantage method.