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Social Studies, 09.03.2020 03:07 rene27

CRP LULU
1. Which of the following does NOT explain why comparative advantage is used in determining specialization?
O
By using comparative advantage, we determine which nations are best fit to produce a specific product.
O
Comparative advantage allows country's to produce goods for themselves as much as possible without relying on other countries
O
By determining comparative advantage we find out who can produce goods by giving up the least.
O
Comparative advantage assures that the factors of production are used in the most efficient way possible.

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CRP LULU
1. Which of the following does NOT explain why comparative advantage is used in deter...

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