Question

who was the inventor of comparative Cost Advantage Theory?​

Answer 1

Answer:

The Classical Theory of the International Trade, also known as the Theory of Comparative Costs, was first formulated by Ricardo, and later improved by John Stuart Mill, Cairnes, and Bastable. Its best exposition is to be found in the works of Taussig and Haberler.

Explanation:

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Answer 2

Answer:

economist David Ricardo

comparative advantage, economic theory, first developed by 19th-century British economist David Ricardo, that attributed the cause and benefits of international trade to the differences in the relative opportunity costs (costs in terms of other goods given up) of producing the same commodities among countries.

Explanation:

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