Solved

The Only Deposits of a Rare and Sought-After Mineral Known

Question 109

Multiple Choice

The only deposits of a rare and sought-after mineral known as Yuksporite are found in Russia. Since no other nation has deposits of Yuksporite, Russia has a(n) __________ in this mineral.


A) protected advantage
B) diversified benefit
C) absolute advantage
D) relative internal benefit

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q82: A disadvantage of licensing is<br>A) it's very

Q104: Global markets rely on the U.S. dollar

Q105: Any corporation that exports at least 50%

Q107: In southern California, there are banana plantations.

Q110: China has approximately 95% of the world's

Q114: If a Swiss chocolate firm purchases an

Q156: Efficient currency exchange markets have eliminated countertrade

Q165: _ is a complex form of bartering

Q224: Although he is confident of success, Rhett

Q281: Through licensing, domestic firms give foreign manufacturers/producers