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Lostsunrise [7]
4 years ago
7

Every 4 years the political parties draft a document stating the policy positions of the party. This party platform details gene

ral party-wide issue stances. The process sometimes engenders disputes among fellow partisans but is rarely an election issue and often is written to avoid controversy.
Social Studies
1 answer:
Naya [18.7K]4 years ago
4 0

Answer:

Party Platform

Explanation:

A party platform which is also known as party program refers to the set of principles or policy stance that the party has. This is used to define the value that the party holds and eventually leads to attracting that specific vote bank. However, it is not written mainly for election purposes and is not directed on election related issues. It is rather a formal document that provides a policy stance on different issues on which not having a clear stances might be a negative impact and can lead to controversy if a fellow partisan is found to be involved in it. One example could be racism and the party can provide a clear stance against it through the party platform and direct all party members to avoid any such comments or actions.

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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.

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