Multiple Choice
The theory of comparative advantage was first proposed by
A) Adam Smith
B) David Ricardo
C) J.M. Keynes
D) Paul Krugman
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: If domestically 3X=3Y in nation A,while 1X=1Y
Q11: Ricardo explained the law of comparative advantage
Q12: The Mercantilists did not advocate:<br>A)free trade<br>B)stimulating the
Q19: If nation A can produce 5 units
Q21: Explain the mercantilist view on trade.
Q22: With one hour of labor time nation
Q23: According to Adam Smith,international trade is based
Q26: Explain the benefits and risks of being
Q27: Explain why Ricardo's model of trade was
Q28: If nation A can produce 5 units