Multiple Choice
Fourteenth-century potters in the Chinese city of Jingdezhen developed the technology to heat a kiln at 1,300 degrees Celsius and produce porcelain, or "china," which was particularly popular in Persia where the Koran forbade serving food on gold or silver and wealthy families were anxious for a legal way to impress their dinner guests. The potters also imported Persian cobalt to create the blue dye for the porcelain (local cobalt was not as bold in color) . Which advantage(s) from trade is(are) illustrated in this passage?
A) differences in preferences
B) specialization
C) comparative advantage
D) The passage illustrates all of these advantages.
Correct Answer:

Verified
Correct Answer:
Verified
Q93: If the goal of education were solely
Q94: Trades are considered zero-sum transactions since when
Q95: Use the following to answer questions:<br>Figure: PPF
Q96: Large cities should have more professional closet
Q97: According to the theory of comparative advantage,
Q99: Both Maria and Jorge bake cookies and
Q100: Each of 100 people receives a random
Q101: Which of the following statements shows how
Q102: The ability of one producer to produce
Q103: The wage rate in India is lower