
Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-1260566642
Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-1260566642 Exercise 1
If a country has relatively abundant unskilled labor, with scarce land and capital, it is more likely to have a comparative advantage in which of the following industries? Check all that apply.
a. Food service.b. Textiles.c. Agriculture.d. Financial services.
a. Food service.b. Textiles.c. Agriculture.d. Financial services.
Explanation
Comparative advantage:
Comparative adva...
Microeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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