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    Question

    The Comparative advantage theory was first developed by:

    A Douglas Irwin Correct Answer Incorrect Answer
    B Paul Samuelson Correct Answer Incorrect Answer
    C David Ricardo Correct Answer Incorrect Answer
    D Paul Krugman Correct Answer Incorrect Answer

    Solution

    Comparative advantage , economic theory, first developed by 19th-century British economistDavid Ricardo, that attributed the cause and benefits ofinternational tradeto the differences in the relativeopportunity costs(costs in terms of other goods given up) of producing the same commodities among countries.

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