China is relatively labor-abundant compared with European Union member nations. Therefore, China has a comparative advantage in _____ compared with European Union member nations.
A) all goods
B) goods that are labor-intensive in production
C) goods that are capital-intensive in production
D) goods that are land-intensive in production
Correct Answer:
Verified
Q150: Taken collectively, people in nations that engage
Q151: If Canada can produce 30 tablets for
Q152: Canada can produce 30 tablets for every
Q153: Lower wages in Taiwan reflect _ labor
Q154: India exports shirts, which are labor-intensive, to
Q156: Mexico is relatively labor-abundant compared with the
Q157: Bangladesh's comparative advantage over the United States
Q158: South Korea's comparative advantage in cellular technology
Q159: Both the United States and Mexico produce
Q160: Which statement describes a source of comparative
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