Alogical starting point from which the study of international trade begins is

a. the principle of comparative advantage.

b. the principle of absolute advantage.

c. the recognition that not all markets are competitive.

d. the recognition that government intervention in markets sometimes enhances the economic welfare of the society.

A. Principle of comparative advantage

Analyzing comparative advantage means researching the pros and cons of operating in each country which is one of the first steps of considering international trade.

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.

commercial banking

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provide online banking

asset management firms

invest in people's funds in securities

accept tax return refunds