Multiple Choice
Which of the following is correct regarding David Ricardo?
A) He opposed the Corn Laws as a member of Parliament.
B) He disputed Adam Smith's theory of specialization and trade in the early 1800s.
C) He developed the principle of comparative advantage in 1817, which has been largely disproved by modern economists.
D) He was an early supporter of trade restrictions.
Correct Answer:
Verified
Correct Answer:
Verified
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