Adam Smith believes that a country should produce only goods with which it is least efficient, and trade for those goods with which it is most efficient.
举一反三
- Nations will usually produce and export those goods in which they have the greatest comparative advantage, and import those items in which they have the least comparative advantage.
- 9. Through international trade, countries ___________ goods they produce most efficiently for goods other countries produce most efficiently.
- Recent studies show that employees who take vacation time are ________ than those who do not. A: efficient B: most efficient C: more efficient D: least efficient
- In the Linder theory of trade, a country sends goods to other countries which , and the greatest trade of a country is expected to be with countries which have per capita income levels that of the original country.
- According to the "invisible hand" principle, which of the following statements is least accurate（） A: Competitive markets produce an optimal basket of goods and services. B: Efficient allocation of productive resources occurs through competition. C: The authority of the state, although not seen, must always be present in the market.