A country is likely to have a comparative advantage in a land-intensive activity if it has a:
A) lot of land relative to its population.
B) large population relative to its landmass.
C) higher opportunity cost of producing technology.
D) large amount of capital equipment relative to its population.
Correct Answer:
Verified
Q32: A country with plenty of capital and
Q33: A country is likely to have a
Q34: A country with a lot of land
Q35: Even if there are big gains to
Q36: We might predict that Hawaii has a
Q38: We might predict that Japan has a
Q39: As the workforce in a country with
Q40: An important determinant of comparative advantage is:
A)homogeneity
Q41: The graph shown demonstrates the domestic demand
Q42: The graph shown demonstrates the domestic demand
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