A country may gain a temporary comparative advantage if it:
A) remains self-sufficient until it stockpiles enough inventory to supply the world.
B) is the first to discover and implement a new technology or production process.
C) remains a political ally to all.
D) All of these are true.
Correct Answer:
Verified
Q21: Technology or production processes developed in a
Q24: An important determinant of comparative advantage is:
A)diversity
Q24: We might predict that Hawaii has a
Q25: Over time,technology tends to:
A) set countries apart
Q28: A country with plenty of capital and
Q30: As workforces become more educated in countries
Q31: When a country gains from trade:
A) everyone
Q32: A country with a lot of land
Q34: We might predict that Japan has a
Q37: A country is likely to have a
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