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Who Developed the Principle of Comparative Advantage

question 121

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Who developed the principle of comparative advantage?


Definitions:

Resource Inputs

Resources or materials used in the production of goods and services.

Organizational Outputs

The results, products, or services generated by an organization through its operations and activities.

Technology

The application of scientific knowledge for practical purposes, especially in industry, through the creation and use of technical means and their interrelation with life, society, and the environment.

Self-Improvement

refers to the process of seeking to better oneself through activities that improve knowledge, skills, and personal development.

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