Author Question: The theory of comparative advantage illustrates that specialization can lead to a. a rise in ... (Read 104 times)

ashley · **on:** Sep 4, 2018

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.