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Mariana [72]
3 years ago
14

(GIVING BRAINLIEST!!!!!)

Social Studies
1 answer:
Evgen [1.6K]3 years ago
5 0

Answer:

A

Explanation:

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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.

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