When a smaller country with fewer resources specializes in the production of a good in which it has a comparative advantage and gains access to larger, international markets, this can create O a) inefficiencies. O b) economies of scale. Oc) decreased sales. O d) a smaller distribution network. e) increased per-unit costs.

When a smaller country with fewer resources specializes in the production of a good in which it has a comparative advantage and gains access to larger, international markets, this can create O a) inefficiencies. O b) economies of scale. Oc) decreased sales. O d) a smaller distribution network. e) increased per-unit costs.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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