Which situation is an example of comparative advantage in an international market?
country a...
Physics, 17.09.2019 03:00 ndnsnsnsmns
Which situation is an example of comparative advantage in an international market?
country a decides to grow extra potatoes so they have more to export, while country b does not.
factories in country a can produce the same number of tablets as factories in country b, or the factories in country a could
be used to build more laptops than the factories in country b.
country a invests in a new technology while country b chooses to invest in education
farmland in country a can produce 100 units of rice per acre, while country b can only produce 70 units of rice using the
same amount of workers and farmland.
Answers: 3
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