Solved

Under Which of the Following Conditions Will the Principle of Comparative

Question 38

Multiple Choice

Under which of the following conditions will the principle of comparative advantage be most likely to produce a situation where the price of a good is equalized among all countries?


A) export subsidies
B) free trade and competition
C) quotas
D) tariffs
E) high transportation costs

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents