Differences in production efficiencies among nations in producing a particular good result from
A) different endowments of fertile soil.
B) different amounts of skilled labor.
C) different levels of technological knowledge.
D) all of these.
Correct Answer:
Verified
Q6: In 2018, the United States
A) imported more
Q16: Which country has the largest share of
Q18: Which of the following is an example
Q66: The accompanying tables give production possibilities data
Q68: Which of the following is an example
Q69: Answer the question on the basis of
Q72: Answer the question on the basis of
Q73: Which of the following statements is false?
A)In
Q74: Countries engaged in international trade specialize in
Q75: If country A can produce both goods
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