In David Ricardo's Theory of Comparative Advantage

question 93

Multiple Choice

In David Ricardo's theory of comparative advantage,

• A)international trade is a zero-sum game in which one trading partner's gain comes at the expense of another's loss.
• B)liberalization of international trade will enhance the welfare of the world's citizens.
• C)is a short-run argument,not a long-run argument.
• D)has been superseded by the now-orthodox view of mercantilism.

---

Definitions:

Employee Growth Opportunities

Prospects or avenues for personal and professional development offered to employees by employers.

Shareholder Value

The value delivered to shareholders of a corporation due to management's ability to increase sales, earnings, and free cash flow.

Emotionally Expressive

Displaying emotions openly and freely through verbal or nonverbal communication.

Being Confrontational

The act of directly addressing disagreements or conflicts with others, often involving a challenge or assertion of one's position.