中国大学MOOC: comparative advantage urges nations to engage in true free trade and to specialize in area where they have the highest comparative advantage.
举一反三
- Nations will usually produce and export those goods in which they have the greatest comparative advantage, and import those items in which they have the least comparative advantage.
- 2. _____________refined the theory of absolute advantage to one of comparative advantage.
- Which of the following about industrial policy is true A: Industrial policy is usually imposed-on industries with economies of scale. B: Industrial policy is usually imposed-on industries without economies of scale. C: Industrial policy could be a source of static comparative advantage rather than dynamic compararive advantage. D: Industrial policy couldbreak the constraints of static comparative advantage and create dynamic comparative advantage.
- 中国大学MOOC: In the Ricardian model, comparative advantage is likely to be due to _____.
- Given the information in the following table, __________.[img=231x72]17de7621169bfb0.png[/img] A: neither country has a comparative advantage in cloth. B: Home has a comparative advantage in widgets. C: Foreign has a comparative advantage in widgets. D: Home has a comparative advantage in both cloth and widgets.