If country A can produce computers more efficiently than country B, then trade theory tells us that
A) country A has an information advantage in computer production.
B) country A has an opportunity cost advantage in computer production.
C) country A has an absolute advantage in computer production.
D) country A has a production advantage in computer production.
E) country A has a comparative advantage in computer production.
Correct Answer:
Verified
Q1: International trade tends to
A)increase economic instability in
Q2: Many government interventions to restrict trade between
Q3: Rose has a comparative advantage in computer
Q4: If country A can produce computers more
Q6: Why has international trade grown more rapidly
Q7: In the last 50 years, international trade
Q8: Suppose Rose has a comparative advantage over
Q9: The share of 2015 world GDP accounted
Q10: Which of the following is the best
Q11: Over the past 50 years, international trade,
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