Which theory suggests that a country should export those goods and services for which it is more productive than other countries and import those goods and services for which other countries are more productive?
A) mercantilism
B) comparative advantage
C) absolute advantage
D) specialization of countries

Question

Quizplus · Accepted Answer

The theory of absolute advantage, proposed by Adam Smith, suggests that a country should export goods and services for which it is more productive than other countries and import those for which other countries are more productive.

Which Theory Suggests That a Country Should Export Those Goods