True/False
The theory of absolute advantage was how Adam Smith explained basis for trade between nations.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q35: Adam Smith strongly advocated a policy of
Q36: Among the following 4,which one do you
Q37: According to mercantilism,the flow of _ would
Q38: When the amount of a commodity that
Q39: According to the table below,the opportunity
Q41: Mercantilists advocated a policy in which:<br>A)The government
Q42: Which of these economists considered comparative advantage
Q43: With respect to international trade,a zero-sum game
Q44: Japan is more efficient in the production
Q45: Could a country which has no absolute