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Which theory states that a nation should produce and sell goods to other countries that it produces most efficiently, and buy goods produced more efficiently by other countries? A. Comparative advantage. B. Absolute advantage. C. Mercantilism. D. Bilateral advantage.
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Asked 10/1/2009 1:03:26 PM
Updated 5/4/2016 1:01:33 PM
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User: Which theory states that a nation should produce and sell goods to other countries that it produces most efficiently, and buy goods produced more efficiently by other countries? A. Comparative advantage. B. Absolute advantage. C. Mercantilism. D. Bilateral advantage.

Weegy: C. Mercantilism. If you are satisfied with my answer, please click 'Good' on the ratings.
Expert answered|WNC|Points 4947|

Question|Rated good
Asked 10/1/2009 1:03:26 PM
Updated 5/4/2016 1:01:33 PM
1 Answer/Comment
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Flagged by emdjay23 [5/4/2016 1:01:33 PM]
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Comparative advantage theory states that a nation should produce and sell goods to other countries that it produces most efficiently, and buy goods produced more efficiently by other countries.
Added 5/4/2016 1:01:29 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [5/4/2016 3:14:52 PM]
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Updated 172 days ago|6/18/2024 11:12:08 AM
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Under a system of floating exchange rates, changes in the value of the U.S. dollar relative to other currencies usually result from: changes in the supply of and/or demand for dollars in the market for the U.S. currency.
Added 172 days ago|6/18/2024 11:12:08 AM
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Updated 2/17/2014 5:09:57 AM
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Measuring international trade and its impact on individual nations requires A. knowledge of balance of trade.
Added 2/17/2014 5:09:55 AM
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Updated 1/20/2014 11:55:40 AM
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