A country would have a comparative advantage in a good if its production is
A) capital intensive and the country is capital abundant.
B) capital intensive and the country is labor abundant.
C) labor intensive and the country is capital abundant.
D) capital intensive but the country is neither capital nor labor abundant.
E) labor intensive but the country is neither capital nor labor abundant.
Correct Answer:
Verified
Q65: Explain the connection between the relative price
Q66: Explain the connection between opportunity costs of
Q67: Answer the questions below: Q68: Exhibit 29-4 Q69: Production that uses a relatively low level Q71: The Heckscher-Ohlin model Q72: Explain the connection between opportunity costs of Q73: Production that uses a relatively high level Q74: An implication of the Heckscher-Ohlin model is Q75: Exhibit 29-4 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
A)provides support for levying tariffs
