The United States Has Developed a Comparative Advantage in Film

question 171

Multiple Choice

The United States has developed a comparative advantage in film production due to the film industry being long-established in southern California, and lower costs result from the size of the industry in the area.This source of comparative advantage is referred to as

• A)the abundance of natural resources.
• B)superior process technology.
• C)external economies.
• D)best practices of unskilled labor.

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