Mexico is relatively labor-abundant when compared with the United States.Therefore,Mexico has a comparative advantage in _____ compared with the United States.

Question

Quizplus · Accepted Answer

Mexico's comparative advantage lies in goods that are labor-intensive in production, as they have a relative abundance of labor compared to the United States. This means that they can produce these goods at a lower cost and more efficiently than the United States.

Mexico Is Relatively Labor-Abundant When Compared with the United States