The theory of International trade is based on_________

The theory of International trade is based on_________

  • A.
    Principles of management
  • B.
    Principles of comparative cost
  • C.
    Principle of double entry
  • D.
    Theory of migration
Correct Answer: Option B
Explanation

International trade is based on the principle of comparative cost advantage that was propounded by David Ricardo in the 19th century.

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