-
A.
Comparative advantage; Mercantilists
-
B.
Absolute advantage; Adam Smith
-
C.
Comparative advantage; Adam Smith
-
D.
Absolute advantage; David Ricardo
Correct Answer: Option B
Explanation
The theory of absolute advantage was propounded by Adam Smith while the theory of comparative advantage was propounded by David Ricardo.
Report an Error
Ask A Question
Download App
Quick Questions
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}