Technology or production processes developed in a particular country:
A) may give that country a temporary comparative advantage.
B) may set that country back until they earn back the research and development costs.
C) will give that country a permanent comparative advantage.
D) generally are not transferrable to other nations.
Correct Answer:
Verified
Q16: The increase in welfare, in both countries'
Q17: Which of the following is true about
Q18: Both countries can benefit from trade when:
A)at
Q19: If England buys hockey sticks from Canada,
Q20: For the most part, trade between many
Q22: When a country gains from trade:
A)everyone in
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
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