The Theory of Absolute Cost Advantage is given by A. David Ricardo B. Adam Smith C. F W Taylor D. Ohlin and Heckscher

The Theory of Absolute Cost Advantage is given by
A. David Ricardo  
B. Adam Smith  
C. F W Taylor  
D. Ohlin and Heckscher
by

1 Answer

Answer :

B. Adam Smith
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” If a country enjoys an absolute advantage in the production of all commodities then also trade is possible”. Who said this? (a) Adam Smith (b) David Ricardo © J.S Mill (d) None of them.

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