Multiple Choice
The fundamental force that drives international trade is
A) comparative advantage.
B) absolute advantage.
C) countries' desire to increase their trade surplus.
D) cheap labor in countries like China or India.
Correct Answer:
Verified
Related Questions
Q2: Q3: Based on the table below, at what Q4: Who benefits from imports? Q5: Comparative advantage implies that a country will Q6: The United States decides to follow its Q7: When the principle of comparative advantage is Q8: In a market open to international trade, Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
A) domestic consumers
B) domestic
A)