What economic principle refers to the way that state... - Solved MCQs & Answer

1810International RelationsMedium

What economic principle refers to the way that states differ in their abilities to produce certain goods because of differences in natural resources, labor force characteristics, technology, and other such factors?

Aconsumer economics

BKeynesian economics

CFreedman economics

Dcomparative advantage

Correct answer

D. comparative advantage

Explanation

The correct answer is comparative advantage.

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