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Question
- what was one of david ricardos positions on trade policy? promotion of government subsidies encouragement of monopolies opposition to protectionism support for high tariffs
Brief Explanations
David Ricardo was a pro - ponent of free trade and opposed protectionist measures like high tariffs, government subsidies that distort trade, and monopolies that limit competition. His theory of comparative advantage supports free and open trade.
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C. Opposition to protectionism