Nations following the theory of ________ believed that the world's wealth was limited and that a nation could increase its share of the pie only at the expense of its neighbors
A) absolute advantage
B) comparative advantage
C) mercantilism
D) factor proportions
C
Business
You might also like to view...
Component lifestyles are:
a. making consumers non-discriminating and less demanding. b. creating demand for products that meet diverse needs. c. reducing the complexity of buyer behavior. d. increasing the demand for low-priced mediocre products.
Business
Management vision is a driving force for global integration
Indicate whether the statement is true or false
Business