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The theory of ............... was propounded by ..................

The theory of ............... was propounded by ..................
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Comparative advantage; Mercantilists
  • B Absolute advantage; Adam Smith
  • C Comparative advantage; Adam Smith
  • D Absolute advantage; David Ricardo
Correct Answer: Option B
Explanation:
The theory of absolute advantage was propounded by Adam Smith while the theory of comparative advantage was propounded by David Ricardo.

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