Both the United States and Canada produce automobiles and their components;however,each particular model or component is produced in only one of the two countries.Which factor explains this pattern of production and trade?
A) differences in climate
B) differences in factor endowments
C) differences in technology
D) the role of increasing returns
Correct Answer:
Verified
Q39: In a single year,the Netherlands can raise
Q40: Countries that engage in trade will tend
Q41: Use the following to answer question:
Q42: Use the following to answer question:
Q43: Which model states that nations that are
Q45: Honduras exports clothing to the United States,and
Q46: Use the following to answer question:
Q47: Use the following to answer question:
Q48: Use the following to answer question:
Q49: Chile has a comparative advantage over the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents