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gogolik [260]
3 years ago
7

Comparative advantage A. is unlikely to​ change, once it has been defined. B. may change as time passes and circumstances change

. C. is determined by governments of nations across the globe. D. is independent a countries skilled and unskilled labor quantities.
Business
1 answer:
Alona [7]3 years ago
8 0

Answer:

The correct answer is B. may change as time passes and circumstances

Explanation:

The concept of comparative advantage is one of the basic foundations of international trade. It assumes as decisive the relative costs of production and not the absolute ones. In other words, countries produce goods that have a lower relative cost compared to the rest of the world.

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Explanation:

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1. In each of the following situations, identify which of the twelve principles is at work
aleksklad [387]

Answer:

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Explanation:

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So, when the person select to bought the textbooks through Chegg instead paying the higher price for the same books through the bookstore. Under this situation, the principle applies is the cost of something in its opportunity cost.

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Answer:

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Explanation:

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Keith_Richards [23]

Answer:

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Explanation:

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