According to Ricardo, a country will have a comparative advantage in:
A) Industries in which there are neither imports nor exports
B) import competiting industrie
C) Industries that sell to domestic and foreign buyers
D) industries that sell to only foreign buyers
Correct Answer:
Verified
Q4: WTO comes as the third economic pillar
Q5: Gold standard means
A)Currency of the country is
Q6: Underlying the application of the monopolistic competition
Q7: Which of the following trade policies limits
Q8: Since 1980s which of the following changes
Q10: If a country has a linear (downward
Q11: Which of the following is one of
Q12: According to the argument for protection, tariffs
Q13: Which of the following does not form
Q14: Gifts and Relief are
A)Merchandise Payment
B)Service Payment
C)Factory Income
D)Transfer
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