Author Question: Which theory suggests that a country should produce and export those goods and services for which it ... (Read 136 times)

saraeharris · **on:** Jul 7, 2018

Which theory suggests that a country should produce and export those goods and services for which it is relatively more productive than other countries and import those goods and services for which other countries are relatively more productive?

A) relative advantage
B) comparative advantage
C) absolute advantage
D) specialization of countries

Question 2

What organization is the major watchdog for monitoring working conditions in factories in developing countries?

A) International Labor Organization
B) Human Rights Campaign
C) Organization for Economic Cooperation and Development
D) World Trade Organization