According to Ricardo,a Country Will Have a Comparative Advantage in the Product

question 9

Multiple Choice

According to Ricardo,a country will have a comparative advantage in the product in which its

• A)labor productivity is relatively high.
• B)labor mobility is relatively high.
• C)labor productivity is relatively low.
• D)labor mobility is relatively low.
• E)labor is outsourced to neighboring countries.

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Definitions:

Meteorite Impact

The collision of a meteorite with another body, such as a planet or moon, often leaving a crater and causing significant geological effects.

Foreland Basin

A structural basin that forms adjacent to mountain ranges, created by the Earth's crust flexing due to the weight of the overlying mountains.

Crystalline Rocks

Rocks that are composed of crystals or have a crystal-like structure, often formed through the cooling of molten rock.

Continental Shield

A central region of many continents consisting of relatively old metamorphic and igneous rocks, commonly of Precambrian age.