As the workforce in a country with a comparative advantage in labor-intensive products becomes more educated, cheap labor becomes:
A) less abundant relative to skilled labor.
B) more abundant relative to skilled labor.
C) more abundant relative to capital.
D) None of these are true.
Correct Answer:
Verified
Q34: A country with a lot of land
Q35: Even if there are big gains to
Q36: We might predict that Hawaii has a
Q37: A country is likely to have a
Q38: We might predict that Japan has a
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
Q43: The graph shown demonstrates the domestic demand
Q44: The graph shown demonstrates the domestic demand
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