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Social Studies, 20.02.2020 01:54 Andjew
Which of the following is TRUE? A. Adam Smith proposed the theory of comparative advantage as the basis for trade in The Wealth of Nations. B. Absolute advantage is based on comparing the opportunity costs of trading partners. C. David Ricardo proposed the theory of absolute advantage as the basis for trade. D. The Ricardian model assumes labor is perfectly mobile.
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Which of the following is TRUE? A. Adam Smith proposed the theory of comparative advantage as the ba...
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