Question: If u know only both solve correctly with clear explanation needed... Thanks QUESTION 11 When a country can supply a product more efficiently than it
If u know only both solve correctly with clear explanation needed... Thanks

QUESTION 11 When a country can supply a product more efficiently than it can supply other goods it has a(n): A. Absolute advantage O B. Comparative Advantage O C. Competitive disadvantage OD. Trade deficit QUESTION 12 How do we measure trade - the difference between a nation's imports and exports - between nations? O A. Gross Domestic Product OB. National Money Supply C. Balance of Trade D. Balance of Payments
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
