According to Ricardo, a country will have a comparative advantage in the product in which its

A) labor productivity is relatively low.
B) labor productivity is relatively high.
C) labor mobility is relatively low.
D) labor mobility is relatively high.
E) labor is outsourced to neighboring countries.

B

Economics

You might also like to view...

Most money in the US is created when new loans are made

a. true b. false

Economics

If income doubles and the prices of all goods remain the same, the budget line will shift outward by 50 percent along each axis

a. True b. False

Economics