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Discuss the contribution of David Ricardo to the classical theory of economic growth

      

Discuss the contribution of David Ricardo to the classical theory of economic growth

  

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Dana
David Ricardo expanded the theory of absolute advantage in trade with his own ‘comparative advantage in trade’ theory by stating that countries should specialize in producing goods and services where they either have the greatest advantage or the least disadvantage in producing in terms of the little cost of production measured in terms of another that cannot be produced in return.

Dana05 answered the question on July 3, 2019 at 11:18


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