Technology-Based Comparative Advantage

question 58

Multiple Choice

Technology-based comparative advantage:

• A)can help explain how the United States went from being a net exporter of steel to being a net importer of steel.
• B)is totally contradictory to the Heckscher-Ohlin theory of comparative advantage.
• C)always results in immiserizing growth.
• D)emphasizes that poorer and less industrialized nations cannot compete in world markets with richer and more industrialized nations.

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