Rose has a comparative advantage in computer programming whereas Sam has a comparative advantage in sales. Therefore,
A) Sam has a lower opportunity cost of spending his time selling than Rose does.
B) Rose should specialize in sales.
C) Sam should write computer programs.
D) Rose has a higher opportunity cost of spending her time writing computer programs than Sam does.
E) Sam has a higher opportunity cost of spending his time selling than Rose does.
Correct Answer:
Verified
Q1: International trade tends to
A)increase economic instability in
Q2: Many government interventions to restrict trade between
Q4: If country A can produce computers more
Q5: 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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