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Author Question: According to the theory of comparative advantage, a country exports goods when it can produce those ... (Read 69 times)

nramada

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on: Apr 19, 2019

Question 1

The advantage in the production of a product enjoyed by one country over another when it uses ________ to produce that product than the other country does is an absolute advantage.


◦ fewer resources
◦ more technology
◦ more labor
◦ more capital

Question 2

According to the theory of comparative advantage, a country exports goods when it can produce those goods ________ than other countries.


◦ at a lower opportunity cost
◦ at a higher opportunity cost
◦ using fewer resources
◦ using more resources
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by nramada on Apr 19, 2019

elizabethrperez

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nramada

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

laurnthompson

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Reply 3 on: Yesterday
Excellent

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