Which situation is an example of comparative advantage in an international market?
country a...
Business, 23.08.2019 21:10 rafamoreura
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: 2
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