Who Was the Originator of the Theory of Absolute Advantage

question 136

Multiple Choice

Who was the originator of the Theory of Absolute Advantage?

• A)Adam Smith.
• B)David Ricardo.
• C)John Maynard Keynes.
• D)Arthur Laffer.

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Definitions:

Deforestation

The large-scale removal of forest or tree cover, usually undertaken to convert the land for agricultural, urban, or industrial uses, leading to significant environmental and ecological impacts.

Ethnocide

The deliberate and systematic destruction of the culture of an ethnic group, which can involve erasing languages, traditions, and histories.

Acculturation

The process of cultural change and psychological change that results following the meeting between cultures.

Enculturation

The process by which a society's culture is passed on from one generation to the next and individuals become members of their society.