Absolute advantage is determined by A) actual differences in ...

[maychende]

Absolute advantage is determined by
 
  A) actual differences in labor productivity between countries.
  B) relative differences in labor productivity between countries.
  C) Both A and B.
  D) Neither A nor B.

Question 2

The single most important reason for Canada's seeking a free trade agreement with the United States was to
 
  A) ensure its access to the U.S. market.
  B) ensure its ability to join NAFTA.
  C) harmonize its environmental laws with the United States.
  D) avoid international outsourcing in low wage countries.
  E) ensure the continuation of its social programs.

[IRincones]

Answer to Question 1

A

Answer to Question 2

A