Biology Forums - Study Force

Other Fields Homework Help Business Topic started by: jlg71 on Apr 25, 2022



Title: The classic theory of comparative advantage suggests that each country should ________.
Post by: jlg71 on Apr 25, 2022
The classic theory of comparative advantage suggests that each country should ________.

▸ attempt to maintain a trade surplus by exporting more than what it imports

▸ attempt to maintain a trade deficit by importing more than what it exports

▸ produce all goods and services it requires for domestic consumption

▸ specialize in those areas where it can produce more efficiently than other countries

▸ produce a wide range of products to maintain an attractive international portfolio


Title: The classic theory of comparative advantage suggests that each country should ________.
Post by: Deeclaire on Apr 25, 2022
Content hidden