Respuesta :
what matters most in determining the efficient distribution of production over the world is comparative advantage.
What is comparative advantage?
- is an economy's cap potential to provide a selected desirable or provider at a decreased possibility price than its buying and selling partners. Comparative gain is used to give an explanation for why companies, countries, or people can gain from trade.
- When used to explain global trade, comparative gain refers to the goods that a rustic can produce greater affordably or effortlessly than different countries.
- While this commonly illustrates the advantages of trade, a few modern economists now well know that focusing handiest on comparative benefits can bring about exploitation and depletion of the country's resources.
- The regulation of comparative gain is popularly attributed to English political economist David Ricardo and his ee-e book On the Principles of Political Economy and Taxation written in 1817, even though it is probable that Ricardo's mentor, James Mill, originated the analysis.
learn more about comparative gain
https://brainly.com/question/12291750
#SPJ1
