Author Question: According to comparative advantage theory, countries with poor production capabilities can never be ... (Read 88 times)

james9437 · **on:** Sep 11, 2018

According to comparative advantage theory, countries with poor production capabilities can never be able to export their products to other countries. Only rich countries could export their products.

a. True
b. False

Indicate whether the statement is true or false

Question 2

The textile and apparel industry in the United Kingdom and the United States are in the developing stage of the industry lifecycle.

a. True
b. False

Indicate whether the statement is true or false