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The Theory Of Comparative Cost Advantage Is Associated With ___? - Erudites Academy

A. Adam Smith
B. Reverend Thomas Malthus
C. Professor trim fisher
D. David Ricardo

Correct Answer:

Option D – David Ricardo

Explanation

The theory was first introduced by David Ricardo in the year 1817. Comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production.

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