Richard Cobden
a. was one of the founders of the World Bank.
b. advocated mercantilism.
c. worked for repeal of the Corn Laws.
d. opposed the North American Free Trade Agreement.
Question 2
According to the theory of comparative advantage,
a. economic specialization is generally a good thing.
b. trade is bad because it makes states vulnerable.
c. free trade benefits consumers.
d. new industries need to be protected from foreign competition.
