Ricardian Theory Explained | Comparative Advantage for NRB & Banking Exams |Start NRB Prep Join Us⬇️

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In this video, we explain the Ricardian Theory of International Trade, also known as the Theory of Comparative Advantage, which is an important topic in International Economics and relevant for NRB & Banking exams. Developed by David Ricardo (1817), this theory explains how countries can benefit from trade based on opportunity cost, even when one country is less efficient in producing all goods.
The video focuses on conceptual clarity, making it suitable for NRB exam preparation, MA Economics students, and anyone studying international trade theory. The explanation is simple, exam-oriented, and avoids unnecessary complexity.

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