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Author Question: Identify a true statement about comparative advantage. A) It is the tendency of a country to choose ... (Read 19 times)

asan beg

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on: Jul 14, 2018
Identify a true statement about comparative advantage.
 A) It is the tendency of a country to choose goods that have a higher opportunity cost compared to other countries.
  B) It stays the same regardless of the changes in the technology or workforce in a country.
  C) It is affected by major trade barriers to international trade.
  D) It always remains static for developing countries.

Question 2

The World Trade Organization was created by the
 A) Kennedy Round.
  B) United Nations.
  C) League of Nations.
  D) Tokyo Round.
  E) Uruguay Round.


firehawk60

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Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

E


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