David Ricardo
A)wrote a famous book in which he attacked the ideas of Adam Smith.
B)was the founder of modern economics.
C)argued that Britain should not restrict imports of grain.
D)wrote An Inquiry into the Nature and Causes of the Wealth of Nations in 1776.

Question

Quizplus · Accepted Answer

David Ricardo argued in favor of free trade and opposed restriction on imports of grain in Britain. He believed that comparative advantage allowed countries to specialize in the production of goods in which they had an advantage, and trade with other countries would lead to mutual benefits.