Who proposed that a country should export goods in which it has the greatest absolute advantage and import goods in which its absolute advantage is…

CA Foundation · Business Economics · PYQS · September 2025
Who proposed that a country should export goods in which it has the greatest absolute advantage and import goods in which its absolute advantage is comparatively less?
(A) A. Adam Smith
(B) B. David Ricardo
(C) C. Eli Heckscher and Bertil Ohlin
(D) D. John Maynard Keynes

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. David Ricardo

Topics: International Trade

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