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Trade between two countries can be useful if cost ratios of goods are ______?

Trade between two countries can be useful if cost ratios of goods are ______?

اگر سامان کی لاگت کا تناسب ______ ہے تو دو ممالک کے مابین تجارت مفید ثابت ہوسکتی ہے؟
Explanation
  • Trade between two countries is beneficial when there is a difference in cost ratios, allowing each country to specialize in producing goods where they have a comparative advantage.

  • This concept, explained by David Ricardo's theory of comparative advantage, leads to increased efficiency and mutual gains from trade.