Essay
Which is not a source of comparative advantage?
A.In general, France has absolute advantage in production of all goods and services when compared to Italy.
B.The United States has more advanced technology for computer chip design than India.
C.Hawaii has a more favorable climate to grow pineapple than Italy.
D.In the market for lumber, Canada has many more trees than England.
Correct Answer:

Verified
In general, France has absolut...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q12: In a single year, Argentina can raise
Q13: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt=" (Table:
Q14: (Figure: The Market for Calculators) Look at
Q15: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt=" (Table:
Q19: Goods and services purchased from abroad are
Q22: Honduras exports clothing to the United States,
Q151: Mexico has an abundance of unskilled labor
Q160: Sri Lanka's comparative advantage over the United
Q174: If a country imposes a tariff on
Q218: Gains from trade will result if a