Who was the originator of the Theory of Absolute Advantage?
A) Adam Smith.
B) David Ricardo.
C) John Maynard Keynes.
D) Arthur Laffer.
Correct Answer:
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Q5: Below is the productivity per worker (kilos
Q6: What term describes the ability to produce
Q7: Below is the productivity per worker (kilos
Q8: Below is the productivity per worker (kilos
Q9: Refer to the data above to answer
Q11: In the mind of Adam Smith,what is
Q12: What is the cornerstone of trade?
A)The fact
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Q14: Refer to the data above to answer
Q15: Adam Smith believed that specialization is limited
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