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Author Question: Sernau discusses the darker side of comparative advantage as being all of the following, EXCEPT: ... (Read 162 times)

tnt_battle

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on: Jul 2, 2018
Sernau discusses the darker side of comparative advantage as being all of the following, EXCEPT:
 
  A) countries competing over providing a docile work force that won't demand change
  B) countries competing over who has the weakest environmental protections
  C) countries competing over lowering taxes so there is no money for infrastructure
  D) countries competing over weaker laws governing labor

Question 2

According to Ricardo, if each country in the world does what it does best, it will have a ________ over other countries.
 
  A) competitive realm
  B) monopoly
  C) comparative advantage
  D) all of the above


mistyjohnson

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Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: C


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tnt_battle

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Reply #2 on: Jul 2, 2018
Thank you


mistyjohnson

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Reply #3 on: Jul 2, 2018
No problemo


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