Which of the following does not affect the cost of producing goods in a particular country?
A) Natural resources and climate
B) Endowment of factors of production
C) Technology
D) Proper government oversight of production
Correct Answer:
Verified
Q23: Which of the following statements is true
Q24: An important determinant of comparative advantage is:
A)diversity
Q25: Once a new technology spreads and is
Q26: Even if there are big gains to
Q27: A country may gain a temporary comparative
Q29: An economy that is self-contained and does
Q30: As the workforce in a country with
Q31: Over time, technology tends to:
A)set countries apart
Q32: A country with plenty of capital and
Q33: A country is likely to have a
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