5. The product life cycle explanation of comparative advantages stresses &a. differences in labor productivity among countries.

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5. The product life cycle explanation of comparative advantages stresses

&a. differences in labor productivity among countries.

&b.the advantage that comes to a country that is the first to develop and produce a product.

&c. the relative amounts of skilled and unskilled labor in a country.

&d.differences in the amounts of resources coun tries have.

&e. differences in tastes within a country.

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Fundamentals Of Economics

ISBN: 9781133956105,9781285531847

6th Edition

Authors: William Boyes, Michael Melvin

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