Technology or production processes developed in a particular country:
A) may give that country a temporary comparative advantage.
B) may set that country back until they earn back the research and development costs.
C) will give that country a permanent comparative advantage.
D) None of these is true.
Correct Answer:
Verified
Q28: A country with plenty of capital and
Q32: A country may gain a temporary comparative
Q33: If there are big gains to be
Q34: We might predict that Japan has a
Q35: An important determinant of comparative advantage is:
A)diversity
Q36: Once a new technology spreads and is
Q39: A national characteristic that affects the cost
Q40: The right decision about what to produce
Q41: This graph demonstrates the domestic demand and
Q42: This graph demonstrates the domestic demand and
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