Which theory states that a nation should produce and sell goods to other countries that it produces most efficiently,and buy goods produced more efficiently by other countries?
A)Mercantilism.
B)Bilateral advantage.
C)Absolute advantage.
D)Comparative advantage.

Question

Quizplus · Accepted Answer

The theory that states that a nation should produce and sell goods to other countries that it produces most efficiently, and buy goods produced more efficiently by other countries is the comparative advantage theory.

Which Theory States That a Nation Should Produce and Sell