Multiple Choice
When comparative advantage is based on transferable factors, the law of one price tends to:
A) erode the advantage away.
B) amplify the advantage.
C) stabilize the advantage.
D) make the advantage into an inherent comparative advantage.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q24: Economists and laypeople see the pros and
Q25: Which of the following exchange rates between
Q26: The group that benefited the most from
Q27: We can conclude from the table shown
Q28: Production Possibility Schedules for Two South Pacific
Q30: Why are the gains from trade often
Q30: A currency has depreciated in value if
Q34: Countries can expect to gain from international
Q53: The United States has a trade deficit
Q73: If Americans demand goods produced in Mexico,it