Developed countries have lost comparative advantage in
A) high-tech industries.
B) labor-intensive industries.
C) capital-intensive industries.
D) agricultural industries.
Correct Answer:
Verified
Q2: Tariffs are higher in agriculture than any
Q3: Which of the following is NOT a
Q4: Developed countries have lost comparative advantage in
Q5: Large and efficient agricultural producers like Argentina
Q6: High-income industrial nations such as the United
Q7: Why do both developed and less-developed countries
Q8: The pattern of protection in industrial countries
Q9: Since there are diminishing returns to the
Q10: The average nonagricultural tariff in the U.S.
Q11: Explain how potential gains from further reductions
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