Ricardo's theory made a number of assumptions, including which of the
Following?
A)Nations had balanced trade with their partners.
B)There were no barriers to trade (free trade).
C)There was no transfer of gold or silver.
D)Nations had balanced trade with their partners, and there were no barriers to trade (free trade).

Question

Quizplus · Accepted Answer

Ricardo's theory of comparative advantage assumes that there are no barriers to trade (free trade) and that nations have balanced trade with their partners.

Ricardo's Theory Made a Number of Assumptions, Including Which of the