menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 3: Interdependence and the Gains From Trade
  5. Question
    The Principle of Comparative Advantage Was Developed in Adam Smith's
Solved

The Principle of Comparative Advantage Was Developed in Adam Smith's

Question 120

Question 120

True/False

The principle of comparative advantage was developed in Adam Smith's 1817 book Principles of Political Economy and Taxation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q115: Comparative advantage is based on:<br>A)capital costs<br>B)labour costs<br>C)dollar

Q116: Graph 3-1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-1

Q117: Graph 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-2

Q118: Imports arise because:<br>A)the importing country can produce

Q119: Graph 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-2

Q121: Differences in opportunity cost and comparative advantage

Q122: Table 3-3<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text

Q123: Table 3-1<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text

Q124: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text

Q125: Economists' support of trade restrictions is still

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines