Question

Ricardian theory
( measu
comparative
in
terms
of -------​

Answer 1

Answer:

Economic development

Explanation:

ricardian theory deals in both supply and production side

Answer 2

Answer:

Ricardian theory of comparative costs explains what commodity a country will export and what commodity it will import but it does not investigate at what rate it will exchange its exports for imports (i.e. terms of trade).

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