Q.

The basic of international trade according to Ricardo is that

A. A country will export those commodities in which its comparative production costs are high or will import those commodities in which its comparative production costs are less
B. A country will import those commodities in which its comparative production cost are the same with other countries
C. A country will export those commodities in which its comparative production costs are less or will import those commodities in which its comparative production costs are high
D. A country will export those commodities in which its comparative production
Answer» C. A country will export those commodities in which its comparative production costs are less or will import those commodities in which its comparative production costs are high
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