A country is likely to have a comparative advantage in a land-intensive activity if it has:

Question

Quizplus · Accepted Answer

A country with a lot of land relative to its population is likely to have lower land prices and therefore, comparative advantage in the production of agriculture or other land-intensive activities. This is because the cost of producing these goods in terms of land and labor is relatively lower in comparison to other countries.

A Country Is Likely to Have a Comparative Advantage in a Land-Intensive