The theory of absolute advantage destroys the mercantilist idea that international trade is a zero-sum game.

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The theory of absolute advantage, proposed by Adam Smith, argues that countries should specialize in producing goods they can produce more efficiently than other countries. This means that both countries involved in international trade can benefit from it, as they can exchange goods and services that they produce more efficiently. This contradicts the mercantilist idea that international trade is a zero-sum game, where one country's gain is another country's loss.

The Theory of Absolute Advantage Destroys the Mercantilist Idea That