Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

9. what was one of david ricardos positions on trade policy? promotion …

Question

  1. what was one of david ricardos positions on trade policy? promotion of government subsidies encouragement of monopolies opposition to protectionism support for high tariffs

Explanation:

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.

Answer:

C. Opposition to protectionism