Over time,technology tends to:
A) set countries apart in terms of productivity.
B) allow developing nations to experience the "catch-up" effect.
C) diminish in nations that are still developing.
D) spread from country to country, equalizing opportunity costs.
Correct Answer:
Verified
Q6: Voluntary exchanges generate:
A)surplus, leaving both participants better
Q22: As workforces become more educated in countries
Q23: If there are big gains to be
Q24: We might predict that Hawaii has a
Q24: An important determinant of comparative advantage is:
A)diversity
Q28: A country with plenty of capital and
Q29: A country may gain a temporary comparative
Q30: As workforces become more educated in countries
Q33: A country is likely to have a
Q37: A country is likely to have a
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