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Author Question: The theory of comparative advantage illustrates that specialization can lead to a. a rise in ... (Read 94 times)

ashley

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The theory of comparative advantage illustrates that specialization can lead to
 
  a. a rise in poverty among many groups of people.
  b. an increase in overall consumption and efficiency.
  c. greater equality among all people.
  d. the rise of powerful international organizations.

Question 2

The rise in the amount of cross-border movements of goods, money, people, and ideas is known as
 
  a. globalization.
  b. international political economy.
  c. comparative advantage.
  d. balance of trade.



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stanleka1

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Answer to Question 1

b

Answer to Question 2

a




ashley

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Reply 2 on: Sep 4, 2018
Wow, this really help


ryhom

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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