Multiple Choice
The British economist G.MacDougall compared the labor productivity ratios and export ratios for the United Kingdom and the United States in order to test
A) Adam Smith's principle of absolute advantage.
B) David Hume's price specie flow mechanism.
C) David Ricardo's principle of comparative advantage.
D) William Benoit's theory of mercantilism.
Correct Answer:
Verified
Correct Answer:
Verified
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