A nation with abundant capital resources tends to be an exporter of:
A) Labor-intensive products
B) Capital-intensive products
C) Natural resource-based products
D) Consumer products
Correct Answer:
Verified
Q7: A basic assumption in comparing the production
Q8: Benefits from international trade are based on
Q9: In which of the following countries did
Q10: Which nation had the largest share of
Q11: Specialization and trade between individuals or between
Q13: In a two-nation two-good world, if both
Q15: Which of the following product-groups is a
Q16: The ratio at which nations will exchange
Q17: A trade deficit refers to a situation
Q170: If Nation A requires more resources 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