According to Ricardo, a Country Will Have a Comparative Advantage

question 26

Multiple Choice

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

• A) labor productivity is relatively low.
• B) labor productivity is relatively high.
• C) labor mobility is relatively low.
• D) labor mobility is relatively high.

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Definitions:

Zero Point

A reference point from which measurements or coordinates are determined in various applications, including machining and mathematics.

Relative Coordinate Programming

A method in computer-aided manufacturing where each new point or command is given as a distance relative to the preceding point.

Origin Point

The point in a coordinate system from which all measurements begin, often represented as (0,0) in a two-dimensional space or (0,0,0) in three-dimensional space.

Coordinate Dimensions

Coordinate dimensions are measurements that provide the exact placement or location of features on a part, specified from a reference point, line, or surface known as a datum.