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WAEC Economics 2016 Objective — Question 44

Question 44 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.

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44. The principle of comparative cost advantage was propounded by (a) David Ricardo (b) Alfred Marshal (c) J.S. Mill (d) Adam Smith

  • A. David RicardoCorrect
  • B. Alfred Marshal
  • C. J.S. Mill
  • D. Adam Smith

Explanation

The principle of comparative cost advantage was propounded by David Ricardo.

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