Suppose Armenia has a comparative disadvantage in electronics in trade with Turkey. However, it has a competitive advantage in trade with Turkey. Which of the following can best explain why? Select one: OA. Armenia has a higher worker productivity in electronics compared to Turkey. OB. Armenia produces electronics at a lower opportunity cost compared to Turkey. OC. Armenia has a lower worker productivity in electronics compared to Turkey. O D. Armenia's subsidies to its electronics industry are higher compared to Turkey.
Suppose Armenia has a comparative disadvantage in electronics in trade with Turkey. However, it has a competitive advantage in trade with Turkey. Which of the following can best explain why? Select one: OA. Armenia has a higher worker productivity in electronics compared to Turkey. OB. Armenia produces electronics at a lower opportunity cost compared to Turkey. OC. Armenia has a lower worker productivity in electronics compared to Turkey. O D. Armenia's subsidies to its electronics industry are higher compared to Turkey.
Chapter28: International Trade
Section: Chapter Questions
Problem 5P
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![Suppose Armenia has a comparative disadvantage in electronics in trade with Turkey. However, it has a
competitive advantage in trade with Turkey. Which of the following can best explain why?
Select one:
A.
Armenia has a higher worker productivity in electronics compared to Turkey.
B.
Armenia produces electronics at a lower opportunity cost compared to Turkey.
С.
Armenia has a lower worker productivity in electronics compared to Turkey.
D.
Armenia's subsidies to its electronics industry are higher compared to Turkey.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1dcf6b54-1d55-4790-934c-cf247ed744ff%2F6afb498d-3f49-4edf-9d5e-e33fe2c20bfe%2Ftbxe5v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose Armenia has a comparative disadvantage in electronics in trade with Turkey. However, it has a
competitive advantage in trade with Turkey. Which of the following can best explain why?
Select one:
A.
Armenia has a higher worker productivity in electronics compared to Turkey.
B.
Armenia produces electronics at a lower opportunity cost compared to Turkey.
С.
Armenia has a lower worker productivity in electronics compared to Turkey.
D.
Armenia's subsidies to its electronics industry are higher compared to Turkey.
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