What was the first economic theory of international trade to be developed?
A. the theory of mercantilism
B. the theory of comparative advantage
C. the theory of absolute advantage
D. the heckscher-ohlin theory
Answer:A
What was the first economic theory of international trade to be developed?
A. the theory of mercantilism B. the theory of comparative advantage C. the theory of absolute advantage D. the heckscher-ohlin theory