Author Question: Nontradable goods are best defined as ________. A) products and services for which exporting ... (Read 16 times)

Kikoku · **on:** Jul 7, 2018

Nontradable goods are best defined as ________.

A) products and services for which exporting costs are excessive
B) factors of production that exceed safety regulations
C) goods used for national defense
D) products that comprise a portion of the inputs for finished products

Question 2

One way that developed countries specialize in order to gain acquired advantages is by ________.

A) allocating research efforts more heavily in specific sectors
B) emphasizing production in natural resource endowments
C) restricting imports to those in the service sector
D) subsidizing the transport of exports

skipfourms123 · **Reply #1 on:** Jul 7, 2018

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