Marketıng Management Deneme Sınavı Sorusu #1030811

The notion of Comparative Advantage was first introduced by:


Adam Smith.

David Ricardo.

Michael Porter.

John Maynard Keynes.

Karl Marx.


Yanıt Açıklaması:

David Ricardo enhanced Smith’s ideas of absolute advantage and created the notion of comparative advantage. According to Ricardo, the different environments and climates of nations favor some industries.

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