Which statement does NOT describe a source of comparative advantage?
A) In general,France has absolute advantage over Italy in production of goods and services.
B) The United States' technology for computer chip design is more advanced than India's.
C) Hawaii has a more favorable climate to grow pineapple than does Italy.
D) In the market for lumber,Canada has many more trees than does England.
Correct Answer:
Verified
Q54: China,which is labor-abundant,has a comparative advantage in
Q55: Use the following to answer question:
Q56: Sri Lanka's comparative advantage over the United
Q57: Use the following to answer question:
Q58: Japan's comparative advantage in automobiles can be
Q60: Which trade pattern is BEST explained by
Q61: Use the following to answer question:
Q62: Use the following to answer question:
Q63: Use the following to answer question:
Q64: Use the following to answer question:
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