The Principle of Comparative Advantage Was First Formulated in the 18th

question 4

Multiple Choice

The principle of comparative advantage was first formulated in the 18th century by

• A)David Hume.
• B)Thomas Malthus.
• C)Karl Marx.
• D)David Ricardo.
• E)Adam Smith.

---

Definitions:

Fractions

Mathematical expressions representing the division of one quantity by another, indicating parts of a whole.

Denominators

The bottom number in a fraction, representing the total number of parts the whole is divided into.

Numerator

The top number of a fraction.

Denominator

The bottom number of a fraction.