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Author Question: Which of the following phenomena can be explained by the simple comparative advantage theory? (Read 62 times)

dollx

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Question 1

An example of a(n) ________ comparative advantage is that some U.S. consumers prefer German beer over American beer because German beer has a reputation for tasting better.


◦ unwarranted
◦ acquired
◦ natural
◦ subsidized

Question 2

Which of the following phenomena can be explained by the simple comparative advantage theory?


◦ A country that has a vast amount of farmland tends to export agricultural goods.
◦ A country with little skilled labor tends to export highly technical goods.
◦ A country tends to import the goods that it can produce at a lower opportunity cost.
◦ A country imports and exports the same goods.


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Marked as best answer by dollx on Apr 19, 2019

heinisk01

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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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