The differences in the ratios of exports to GDP across countries are believed to be caused primarily by
A) trade barriers.
B) each country's size.
C) geography.
D) all of the above
E) both B and C
E
Economics
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The exchange rate of currencies between countries affects the prices of the goods purchased and sold between them
Indicate whether the statement is true or false
Economics
If you have a comparative advantage in a particular task, then:
A. you have specialized in that task, while others have not. B. you complete it faster than other people. C. you give up less to accomplish that task than do others. D. you give up more to accomplish that task than do others.
Economics