Solved

In the Case of Countries That Have a Comparative Advantage

Question 7

Multiple Choice

In the case of countries that have a comparative advantage in exporting raw materials, statistical studies show that:


A) the effect of international trade on economic growth is much greater than in countries that export manufactured goods.
B) the effect of international trade on economic growth is not significant.
C) international trade quickly causes these countries to shift to exporting manufactures.
D) international trade benefits poor workers much more than it benefits wealthy owners of land and capital.

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