According to the theories of Smith,Ricardo,and Heckscher-Ohlin,if a country can produce a product by itself,it should not import that product.

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According to the theories of Smith, Ricardo and Heckscher-Ohlin, a country should specialize in producing and exporting goods that it has a comparative advantage in, and import goods that it cannot produce efficiently. Therefore, even if a country can produce a product by itself, it may benefit from importing it if it can acquire it at a cheaper cost or if it can redirect its resources to producing other goods where it has a comparative advantage.

According to the Theories of Smith,Ricardo,and Heckscher-Ohlin,if a Country Can