The economist who created the theory of comparative advantage was
A) Adam Smith.
B) Karl Marx.
C) Thomas Robert Malthus.
D) David Ricardo.
E) Milton Friedman.
Correct Answer:
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Q47: When countries specialize in producing products in
Q48: The slope of the pre-trade production possibilities
Q49: If a country has an absolute advantage
Q57: A country cannot have a comparative advantage
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A)provides support for levying tariffs
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