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Question
Theory of Absolute Advantage of international trade is propounded by _______.
Theory of Absolute Advantage of international trade is propounded by _______.
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Solution
The correct option is A Adam Smith
Adam Smith has sometimes been caricatured as someone who saw no role for government in economic life. In fact, he believed that government had an important role to play. Smith's writings are both an inquiry into the science of economics and a policy guide for realizing the wealth of nations.
Adam Smith has sometimes been caricatured as someone who saw no role for government in economic life. In fact, he believed that government had an important role to play. Smith's writings are both an inquiry into the science of economics and a policy guide for realizing the wealth of nations.
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