What is the basic message of the theory of comparative advantage?

Question

Quizplus · Accepted Answer

The theory of comparative advantage states that potential world production is greater with unrestricted free trade than it is with restricted trade. This is because countries should specialize in producing the goods that they can produce most efficiently and trade with other countries for goods that they cannot produce as efficiently. This leads to increased total production and economic welfare for all countries involved.

What Is the Basic Message of the Theory of Comparative