Comparative advantage implies that a country will
A) import those goods in which the country has a comparative advantage.
B) export those goods in which the country has a comparative advantage.
C) find it difficult to conclude free trade agreements with other nations.
D) export goods produced by domestic industries with low wages relative to its trading partners.
Question 2
If the quantity demanded changes by an infinitely large amount for a given change in price, then demand is
A) perfectly inelastic.
B) perfectly elastic.
C) elastic.
D) inelastic.
Comparative illustration of a leopard (left) and cheetah (right)
Comparative structure of arteries, capillaries, and veins.
Shippers Declaration for Dangerous Goods
Controlling access to water in order to gain political and strategic advantage in Gaza
GDP per Capita by Country Group, 1820–2008