The Principle of Comparative Advantage States That Total Output Is

question 2

Short Answer

The principle of comparative advantage states that total output is greatest when each product is made by the country that has the ____________.

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Definitions:

Cross-Cultural Leadership

A leadership approach that recognizes and effectively manages cultural diversity in an organizational setting.

Cultures

The shared values, norms, languages, practices, and customs of a group of people or society.

Interpret

To explain or provide the meaning of something, often requiring analysis or understanding of context.

Diversity And Inclusion

Strategies and practices aimed at creating a workplace that recognizes, embraces, and benefits from the differences in people.