True/False
South Africa produces diamonds more cheaply and of higher quality than any other country; this is an example of absolute advantage.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q35: The ultimate form of a quota is
Q38: Which of the following is NOT considered
Q38: Today,fixed exchange rates are the norm for
Q41: Which of the following denotes the international
Q42: Which of the following,if true,would strengthen the
Q43: China and India require that when foreign
Q45: Which of the following refers to the
Q62: If you have given another company in
Q79: Explain a floating exchange rate.
Q84: Define licensing arrangement and strategic alliance and