Adam Smith Recognized the Benefits from Trade Based on ____

question 33

Multiple Choice

Adam Smith recognized the benefits from trade based on ____, and David Ricardo recognized the benefits from trade based on ____.

• A)comparative advantage; resource endowments
• B)absolute advantage; comparative advantage
• C)absolute advantage; resource endowments
• D)comparative advantage; absolute advantage

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Definitions:

Molecular Formula

The symbolic representation of the types and numbers of atoms in a molecule.

Carbon-Carbon Bond Length

The distance between the nuclei of two carbon atoms linked by a chemical bond in a molecule.

HCH Bond Angle

The angle formed between two hydrogen atoms and a carbon atom in a molecule, significant in determining the molecule's geometric shape.

4-Phenylbut-1-Ene

An organic compound that consists of a four-carbon chain attached to a phenyl group, containing a double bond at the first position.