Season 8: theory of Absolute Advantage by Adam Smith Adam Smith is undoubtedly the father of modern economics. This theory of free trade propagates international trade based on the absolute advantage of specialization. We discuss this theory as a fundamental concept of International Business. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Portal https://niketkarajagi.com.