What recent developments have made the classical theory of comparative advantage less relevant?
A)Improved production technology
B)Increased movement of factors of production across borders
C)International access to financial resources
D)The Internet

Question

Quizplus · Accepted Answer

Increased movement of factors of production across borders has made the classical theory of comparative advantage less relevant because it assumes immobility of factors like labor and capital between countries.

What Recent Developments Have Made the Classical Theory of Comparative