Which of the following provides the foundation of the case for free trade?

a. The law of diminishing marginal utility b. The anti-dumping argument
c. The industrial diversity argument d. The theory of comparative advantage

d

Economics

You might also like to view...

If potential GDP increases, then in the figure above the potential GDP line ________, and the aggregate supply curve ________

A) does not shift; does not shift B) shifts rightward; does not shift C) does not shift; shifts rightward D) shifts rightward; shifts rightward E) shifts rightward; shifts leftward

Economics

In game theory, a Nash equilibrium is the equilibrium that always yields the best result

Indicate whether the statement is true or false

Economics