Among the main sources of comparative advantage are the following: A. climate and natural resources, relative abundance of labor and capital, technology, external diseconomies. B. climate and natural resources, relative scarcity of labor and capital, technology, external economies. C. climate and natural resources, relative abundance of labor and capital, inefficient technology, external economies. D. climate and natural resources, relative abundance of labor and capital, technology, external economies.

Question

Biology

Hope Bullock

29 November, 00:08

Among the main sources of comparative advantage are the following: A. climate and natural resources, relative abundance of labor and capital, technology, external diseconomies. B. climate and natural resources, relative scarcity of labor and capital, technology, external economies. C. climate and natural resources, relative abundance of labor and capital, inefficient technology, external economies. D. climate and natural resources, relative abundance of labor and capital, technology, external economies.

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Mia · Answer 1

D

Explanation:

climate and natural resources, relative abundance of labor and capital, technology, external economies are all factors of comparative advantage which enables goods to be produced at a favourable opportunity cost