Canada has a(n) ________ in farming due to its fertile land, while South Korea has a(n) ________ in electronics manufacturing.
A) absolute advantage; absolute advantage
B) absolute advantage; comparative advantage
C) comparative advantage: absolute advantage
D) comparative advantage; comparative advantage
E) none of these
Correct Answer:
Verified
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Q31: The balance of trade that Canada has
Q32: Which of the following best describes a
Q33: Which of the following best explains why
Q35: Which of the following is correct with
Q36: The comparative advantage form of competitive advantage
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Q38: All of the following are included in
Q39: The difference between absolute and comparative advantages
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