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Author Question: A country with comparative advantage is said to produce with a lower ___________ __________ than the ... (Read 107 times)

lb_gilbert

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A country with comparative advantage is said to produce with a lower ___________ __________ than the country with which it trades.
 
  a. input costs c. opportunity costs
  b. economic factors d. capital efficiency

Question 2

When it takes China less labor, silk worms, and weaving machines to produce silk fabric, China is said to have a(n) __________________ ________________ in the production of silk.
 
  a. absolute advantage c. competitive advantage
  b. comparative advantage d. efficiency advantage



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anyusername12131

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Answer to Question 1

c

Answer to Question 2

a




lb_gilbert

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Reply 2 on: Sep 11, 2018
Excellent


cam1229

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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