Author Question: Countries with a relatively high stock of skilled labor will have a comparative advantage in ... (Read 61 times)

ARLKQ · **on:** Jun 30, 2018

Countries with a relatively high stock of skilled labor will have a comparative advantage in producing goods that require relatively larger quantities of skilled labor.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The main reason why one nation trades with another is to
a. save its natural resources from rapid depletion.
b. exploit the advantages of specialization.
c. eliminate the danger of retaliation from other nations.
d. improve political alliances.