According to the principle of comparative advantage, a. a ...

[Davideckstein7]

According to the principle of comparative advantage,
 a. a country will benefit by specializing in the production of goods in which it has a relatively lower cost of production.
  b. a country will benefit by specializing in the production of goods in which it has a relatively higher cost of production.
  c. a country will benefit by importing goods in which it has a relatively low opportunity cost.
  d. a country will benefit by becoming economically self-sufficient.

Question 2

Henry Ford is most recognized for:
 a. inventing new technology to further the steel production process.
  b. developing the first investment banks.
  c. implementing the first progressive, moving assembly-line system for large, complex final products.
  d. playing an integral role in developing the first American factory.

[Carissamariew]

Answer to Question 1

a. a country will benefit by specializing in the production of goods in which it has a relatively lower cost of production.

Answer to Question 2

c. implementing the first progressive, moving assembly-line system for large, complex final products.

[Davideckstein7]

YES! Correct, THANKS for helping me on my review

[ricroger]

TYSM