Economy, asked by sub9rayaomik9a, 1 year ago

What does the Ricardian Theory state?

Answers

Answered by mahesh030502
1
Ricardo devised an idea that is well known as the theory of comparative advantage (Henderson 827, Fesfeld 325). ... In the Principles of Economics, Ricardo statesthat comparative advantage is a specialization technique used to create more efficient production (52) and describes opportunity cost between producers (53)
Answered by richerich6246
8

I can say i'm 100% sure that the answer is B: countries should not produce goods and services that minimize opportunity costs


I singled out a lot of the answers by only answering that one question and determining if it is right or wrong by getting an answer of 1 to 4 or 0 to 5 and for this question i randomly chose a letter since i could not find one and got it correct. I did this on Plato

Similar questions