The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-The comparative advantage in a specific good can shift over time from one country to another, as the other countries can produce it at a cheaper cost after imitating the technology.

Question

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5
 
-The comparative advantage in a specific good can shift over time from one country to another, as the other countries can produce it at a cheaper cost after imitating the technology.

Quizplus · Accepted Answer

This is true. The comparative advantage of a country can shift over time due to factors such as changes in technology, resources, and production costs. Other countries may also learn to produce the same good at lower costs through imitation or innovation, leading to a shift in the comparative advantage.

The Table Below Shows the Quantity Demanded (In Thousands) and Quantity