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.
Answers: 3
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CRP LULU
1. Which of the following does NOT explain why comparative advantage is used in deter...
1. Which of the following does NOT explain why comparative advantage is used in deter...
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