A country with a lot of land relative to its population may have a comparative advantage in:
A) capital-intensive activities.
B) labor-intensive activities.
C) land-intensive activities.
D) technology-intensive activities.
Correct Answer:
Verified
Q21: Technology or production processes developed in a
Q28: A country with plenty of capital and
Q29: A country may gain a temporary comparative
Q30: As workforces become more educated in countries
Q31: When a country gains from trade:
A) everyone
Q34: We might predict that Japan has a
Q35: Only a firm with _ will be
Q36: Once a new technology spreads and is
Q37: A country is likely to have a
Q37: International free trade:
A) allows everyone involved to
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