Which of the following factors is the most significant in determining the pattern of international trade?
A) absolute advantage
B) comparative advantage
C) military strength
D) one trading partner's geographic size relative to another trading partner's geographic size
Correct Answer:
Verified
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Q32: Which of the following is one reason
Q33: What is the term for the rate
Q34: Which statement best describes the relationship between
Q35: What is the basis of the benefits
Q37: When is international trade most likely to
Q38: What does absolute advantage mean?
A) It means
Q39: Which of the following statement characterizes autarky?
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Q41: Exhibit 19-2
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