We might predict that Hawaii has a comparative advantage compared to Russia in the production of pineapples because Hawaii has:
A) a climate more suitable for pineapples.
B) more land available to grow them on.
C) more advanced farming technology.
D) less governmental oversight in the pineapple industry.
Correct Answer:
Verified
Q6: Voluntary exchanges generate:
A)surplus, leaving both participants better
Q19: Voluntary exchanges between _ generates surplus.
A) firms
B)
Q22: As workforces become more educated in countries
Q23: If there are big gains to be
Q24: An important determinant of comparative advantage is:
A)diversity
Q25: Over time,technology tends to:
A) set countries apart
Q28: A country with plenty of capital and
Q29: A country may gain a temporary comparative
Q33: A country is likely to have a
Q37: A country is likely to have a
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