Adam Smith Created the Theory of Comparative Advantage

question 9

True/False

Adam Smith created the theory of comparative advantage.

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Definitions:

Discrimination

In psychology, the ability to perceive and respond differently to various stimuli.

Classical Conditioning

A process of learning in which, with the consistent coupling of two stimuli, a response that originally required the second stimulus for elicitation is later elicited by the first stimulus solely.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention, until paired with an unconditioned stimulus in classical conditioning.

Vicarious Punishment

A form of learning where an individual's tendency to perform a behavior is decreased after observing another individual being punished for that behavior.