If Tastes and Preferences Are Identical for Two Trading Nations

question 58

Multiple Choice

If tastes and preferences are identical for two trading nations, then comparative advantage is the result of

• A) technological conditions of the two nations.
• B) income levels of the two nations.
• C) demand conditions of the two nations.
• D) supply conditions of the two nations.

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Definitions:

IBM-Compatible

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Rewind()

Rewind() is a function used in C to set the file position to the beginning of a file stream.

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A standard library function in C that sets the file pointer to a specified location within a file, used for random file access.