The quantity and quality of ________ of a country are its factor endowments.
A) imports and exports
B) deficits and surpluses
C) labor, land, and natural resources
D) commodity money and fiat money

Question

Quizplus · Accepted Answer

The term "factor endowments" refers to a country's supply of labor, land, and natural resources, which are key inputs in production and influence its economic activities and comparative advantage in trade.

The Quantity and Quality of ________ of a Country Are