Which of these economists considered comparative advantage in production to be the basis for trade between nations?
A)Adam Smith
B)Alfred Marshall
C)David Ricardo
D)David Hume

Question

Quizplus · Accepted Answer

David Ricardo is credited with developing the theory of comparative advantage, which states that countries should specialize in producing goods and services that they can produce at a lower opportunity cost than other countries. This theory has become a fundamental principle of international trade theory.

Which of These Economists Considered Comparative Advantage in Production to Be