The Absolute Advantage theory of international trade was propounded by
A)Adam Smith
B)David Ricardo
C)Alfred Marshall
D)Lionel Robbins

Name: The Absolute Advantage theory of international trade was propounded by A)Adam Smith B)David Ricardo C)Alfred Marshall D)Lionel Robbins
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Question

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Adam Smith is credited with the development of the Absolute Advantage theory in international trade, which suggests that a country benefits by producing goods that it can produce more efficiently than other countries.

The Absolute Advantage Theory of International Trade Was Propounded by