Of the following, which would NOT be considered a way that government interferes with comparative advantage?
A)Tariffs.
B)Managerial skills.
C)Quotas.
D)Other non-tariff restrictions.

Question

Quizplus · Accepted Answer

Managerial skills are not a way that government interferes with comparative advantage. Comparative advantage refers to the ability of a country or firm to produce a good at a lower opportunity cost than another country or firm. Managerial skills, on the other hand, are a factor that contributes to a country or firm's comparative advantage. The other options (tariffs, quotas, and other non-tariff restrictions) all involve government intervention that can interfere with a country's ability to produce goods at a lower opportunity cost than others.

Of the Following, Which Would NOT Be Considered a Way