1. Which of the following is not a potential source of comparative advantage for China in the manufacturing sector? Select one: a. A large domestic market that can lead to scale economies b. Abundant low wage, low skill workers c. Coastal areas with good logistics for international trade
1. Which of the following is not a potential source of comparative advantage for China in the manufacturing sector? Select one: a. A large domestic market that can lead to scale economies b. Abundant low wage, low skill workers c. Coastal areas with good logistics for international trade
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 32CTQ: Occasionally, a government official will argue that a country should strive for both a trade surplus...
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