Economics · International Trade

The basic message of David Ricardo's Comparative Advantage Theory is that:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Trade is beneficial only when a country has an absolute advantage in all goods.
2Under unrestricted free trade, global output is greater than under restricted trade.✓
3International trade is a zero-sum game.
4Countries have equal ability to produce all goods efficiently.

Correct answer

Under unrestricted free trade, global output is greater than under restricted trade.

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Economics?

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Start Free Mock Test →

Chapter Practice

Want more practice questions on International Trade?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice International Trade MCQs →

Recommended practice questions in Economics · International Trade

Browse More Economics →

Which of the following events is considered a major turning point that fueled Indian nationalism during British rule due to its brutal nature and widespread condemnation?

Solve Question→

Which of the following events is considered the first major peasant uprising against the British in India?

Solve Question→

The basic message of David Ricardo's Comparative Advantage Theory is that:

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

The basic message of David Ricardo's Comparative Advantage Theory is that:

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions