Which theory holds that nations should produce those goods for which it has the greatest relative advantage?
A. The factor endowment theory.
B. The theory of relative advantage,
C. The theory of absolute advantage.
D. None of the above.
Answer:D
Which theory holds that nations should produce those goods for which it has the greatest relative advantage?
A. The factor endowment theory. B. The theory of relative advantage, C. The theory of absolute advantage. D. None of the above.