Respuesta :
Answer: b. International trade allows a country to specialize in items that can be produced most efficiently in that country.
Explanation:
Adam Smith with his Absolute Advantage theory, David Ricardo and his Comparative Advantage theory and the Heckscher-Ohlin theories believed that goods should be purchased from Countries that are more efficient in producing said goods so that the resources in the buying country can be channelled towards producing the good that the country can produce efficiently as well.
They believe this to be the foundation of global trade and that each country stands to gain if they buy the goods they are less efficient at producing and sell the goods that they are more efficient at producing. This way resources are properly channelled in an Economy and both countries involved in the trade can achieve high Economic growth as they are utilising their resources efficiently.
B. International trade allows a rustic to specialize in items that may be produced most efficiently therein country.
Who is Adam Smith?
Adam Smith together with his Absolute Advantage theory, David Ricardo and his Comparative Advantage theory, and therefore the Heckscher-Ohlin theories believed that goods should be purchased from Countries that are more efficient in producing said goods so the resources within the buying country may be channeled towards producing the great that the country can produce efficiently further.
They believe this to be the inspiration of worldwide trade which each country stands to realize if they buy the products they're less efficient at producing and sell the products that they're more efficient at producing. In this manner, resources are properly channeled in an Economy and both countries involved within the trade can do a high economic process as they're utilizing their resources efficiently.
Thus, the correct option is "B".
Learn more:
Incomplete Question: According to the Smith, Ricardo, and Heckscher-Ohlin theories, a country’s economy may gain if its citizens buy some products from other nations that could be produced in their home nation. What is the reasoning behind this idea?
Multiple Choice
a. The natural resources of a country limit the types and quantities of items that can be produced.
b. International trade allows a country to specialize in items that can be produced most efficiently in that country.
c. First-mover advantages limit a country from producing every product that citizens need or want.
d. International trade is typically regulated by government forces that prevent a business from exporting.
e. Innovative products are typically produced in the home country, but high-demand products should be imported.
Find out more information about Adam Smith here:
https://brainly.com/question/1315231
