A nation's producers can compete effectively with imports from other nations if:
a. they have an absolute advantage in the production of all goods.
b. they have an abundance of unskilled workers.
c. they have a high opportunity cost of production.
d. the relative price of exports to imports is high.
e. the labor cost per unit of output is low.
Ans: e. the labor cost per unit of output is low.
Economics
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