Trade harms developing countries because they don't have enough resources to have a comparative advantage in anything.

Name: Trade harms developing countries because they don't have enough resources to have a comparative advantage in anything.
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

Trade can benefit developing countries by allowing them to specialize in goods where they have a comparative advantage, even if it's not in all areas, and access resources and markets they otherwise wouldn't have.

Trade Harms Developing Countries Because They Don't Have Enough Resources