The Theory of Absolute Cost Advantage is given by
A)david ricardo
B)adam smith
C)f w taylor
D)ohlin and heckscher

Name: The Theory of Absolute Cost Advantage is given by A)david ricardo B)adam smith C)f w taylor D)ohlin and heckscher
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

The Theory of Absolute Cost Advantage was given by Adam Smith. It explains how countries benefit from trading if they have an absolute advantage in producing certain goods more efficiently than other countries.

The Theory of Absolute Cost Advantage Is Given by