Which of the following can be a source of a country's comparative advantage?

Question

Quizplus · Accepted Answer

A country's comparative advantage can come from various factors such as natural resources, technology, capital, and human skills. Out of the given options, education and experience of the workforce in the country is the most likely source of comparative advantage. A skilled and educated workforce can produce goods and services of higher quality and efficiency, which can lead to lower production costs and increased competitiveness in global markets. The other options, such as inflation and unemployment levels or domestic demand for goods produced abroad, do not directly impact a country's comparative advantage.

Which of the Following Can Be a Source of a Country's