Author Question: According to the ________, a country benefits by producing only those products in which it has ... (Read 39 times)

debasdf · **on:** Jul 7, 2018

According to the ________, a country benefits by producing only those products in which it has complete advantage or that it can produce using fewer resources than another country.

A) absolute advantage principle
B) comparative advantage principle
C) factor proportions theory
D) international product cycle theory

Question 2

Patents provide inventors the right to prevent another person or company from selling or using an invention for up to twenty years.

Indicate whether the statement is true or false