Question
A country is considered to have a Revealed Comparative Advantage (RCA) in a product when the value of the RCA in that product is greater
A country is considered to have a Revealed Comparative Advantage (RCA) in a product when the value of the RCA in that product is greater than 1. This is because an RCA greater than 1 indicates that the country's exports in that product are larger than overall exports of that product in the world. true or false and why?
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Managing Human Resources
Authors: Susan E Jackson, Randall S Schuler, Steve Werner
12th Edition
0190857560, 9780190857561
