What does the ricardian theory state? a. countries should produce all goods and services if they canb. countries should not produce goods and services that minimize opportunity costsc. countries should import goods and services if they are cheaper in other countriesd. countries should export all goods and services if they make a profit

The Ricardian theory states that countries should import goods and services if they are cheaper in other countries.

Option C

Explanation:

David Ricardo, through his theory of comparative advantage, brought to the light the marginal advantages of exporting certain commodities rather than attempting to produce them within the economy.

He clarified how it would be beneficial for the economy to export goods that require more input in order to indigenous produce it. He emphasized on the cost-benefit ratio in his proposition and concluded by stating that it is rather profitable to export goods that may take input worth more than its export price.

no , per capita income is not a true measure of the development because: -it only tells us about average income not how income is distributed among the people.it only give us an idea of the economic aspect.it is only at the qualitative basis.moreover, income is not only the way of development other factors are also as much as important as income.

explanation:

i believe the primary and secondary sectors