We know that in antiquity,China exported silk because no one in any other country knew how to produce this product.From this information we know that
A)China exported silk for political reasons even though it had no comparative advantage.
B)China had an absolute advantage,but not a comparative advantage in silk.
C)no comparative advantage could exist because the technology was not diffused.
D)China had a comparative advantage in silk.
E)China was unable to profit by exporting silk because it was unknown in the rest of the world.

Question

Quizplus · Accepted Answer

China had a comparative advantage in silk because it was the only country that knew how to produce it, allowing it to specialize and trade silk with other countries.

We Know That in Antiquity,China Exported Silk Because No One