All of the following are cited as factors in explaining U.S. competitiveness EXCEPT
A) large investments in scientific research.
B) economic restructuring.
C) widespread entrepreneurship.
D) reducing the federal deficit.
Correct Answer:
Verified
Q86: How can comparative advantage yield gains from
Q87: Why is trade based on comparative advantage?
Q88: If the residents of a country specialize
Q89: Discuss the relationship between world trade and
Q90: Specialization allows for
A) more consumption for all
Q92: All of the following are cited as
Q93: Suppose that opportunity costs are constant and
Q94: Comparative advantage is based on the
A) concept
Q95: Suppose that opportunity costs are constant and
Q96: The concept of "global competitiveness"
A) is not
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