The Concept of Absolute Comparative Advantage's Origins Lie In

question 72

Multiple Choice

The concept of absolute comparative advantage's origins lie in:

• A) Adam Smith's work of 1776.
• B) David Ricardo's work of 1776.
• C) The Wealth of Nations book, published in 1887.
• D) On the Principles of Political Economy and Taxation book, published in 1817.

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Definitions:

Organized Hunting

The coordinated and planned effort by a group of individuals to pursue and capture or kill wild animals for food, sport, or other purposes.

Homo Erectus

An extinct hominin species that lived from approximately 1.9 million to 140,000 years ago, known for being one of the first to exhibit humanlike walking and use of tools.

Epoch

A significant period in history or in the development of the earth, marked by notable events or characteristics.

Awash River

A major river in Ethiopia, which plays a crucial role in the agriculture, water supply, and ecosystem of the region.