_____ suggests that consumers in all nations can consume more if there are no restrictions on trade.

Question

Quizplus · Accepted Answer

Ricardo's theory of comparative advantage suggests that unrestricted trade allows for countries to produce and export goods in which they have a comparative advantage, and import goods in which they have a comparative disadvantage. This leads to an increase in efficiency and overall consumption for all nations involved.

_____ Suggests That Consumers in All Nations Can Consume More