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Chako Chako
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8 years ago
The Country of Rhozundia is blessed with rich copper deposits. The cost of copper produced (relative to the cost of widgets produced) is therefore very low. From this information we know that
A) Rhozundia may or may not have a comparative advantage in copper.
B) Rhozundia has a comparative advantage in copper.
C) Rhozundia should export both widgets and copper.
D) Rhozundia should invest in more in widget production.
E) Rhozundia should import copper and export widgets.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 220 times
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
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#3
8 years ago
Don't forget to vote my answer as best Nerd Face
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#4
3 years ago
Thank you
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