Transnational corporations are well positioned to exploit the principle of comparative advantage.

Question

Quizplus · Accepted Answer

Transnational corporations have the potential to benefit from the principle of comparative advantage, as they can compare the costs of production and take advantage of the cheaper production costs in different countries. This allows them to increase their efficiency and profitability by producing goods and services in the locations where the costs are the lowest, and then selling them in markets that offer higher prices.

Transnational Corporations Are Well Positioned to Exploit the Principle of Comparative