Multiple Choice
Which theory states that a nation should produce and sell goods to other countries that it produces most efficiently,and buy goods produced more efficiently by other countries?
A) Mercantilism.
B) Bilateral advantage.
C) Absolute advantage.
D) Comparative advantage.
Correct Answer:
Verified
Correct Answer:
Verified
Q61: A trade deficit occurs when the value
Q62: A_ is a regional group of countries
Q63: To expand Canada's profile in new and
Q64: for a country occurs when it has
Q65: The only deposits of a rare mineral
Q67: Which of the following statements is the
Q69: According to current Canadian laws,Canadian firms are
Q70: Which country is Canada's largest trading partner?<br>A)The
Q71: The North American Free Trade Agreement (NAFTA)has
Q142: Franchising is popular both domestically and internationally.