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Foreıgn Trade
Foreıgn Trade Deneme Sınavı
Foreıgn Trade Deneme Sınavı Sorusu #1403839
Foreıgn Trade Deneme Sınavı Sorusu #1403839
According to which trade theory, both of the trading countries can gain if each of them produces the commodity in which they are more efficient?
The theory of Comparative Advantage |
The theory of Competitive Advantage |
The theory of Terms of Trade |
The theory of Dynamic Industries |
The theory of Absolute Advantage |
Yanıt Açıklaması:
Theory of Absolute Advantage
It is the theory of Adam Smith who has been accepted as the father of the Classical Trade Theory. According to the Theory of Absolute Advantage, both of the trading countries can gain if each of them produces the commodity in which they are more efficient.
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