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mr Goodwill [35]
3 years ago
12

Plz plz plz help me ill mark brainliest and thank u and rate u 5 star :)

Social Studies
1 answer:
Novosadov [1.4K]3 years ago
8 0
They both were alike concerning finances - both wanted govt to finance improvements to run country

Both believed this could be achieved through a representative democracy

Wanted the best for the nation. (They wanted it to prosper and be strong)

Both were American Political parties

Both were a force in 1786 & 1800

They were more different then alike by far.

Hoped this helped.
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The theory of comparative advantage is credited to :_______
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The theory of comparative advantage is credited to David Ricardo.

<h3>What is Ricardo's theory of comparative advantage?</h3>

In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.

The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).

Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.

Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.

In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.

In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.

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