Question
form the list of statements about international trade choose the one that best matches the terms on the right. A. Factors that can drive competitive
form the list of statements about international trade choose the one that best matches the terms on the right.
A. Factors that can drive competitive advantage one economy over another
B. Trade materials that are abundant
C. Trade influenced by relative income levels
D. Trade goods and services at a lower opportunity cost than others
E. Trade most efficiently produced goods
F. Government stimulates trade by means of protectionism
1. Mercantilism. which one is the answered A,B,C,D,E,F?
2. Absolute Advantage. which one is the answered A,B,C,D,E,F?
3. Comparative Advantage. which one is the answered A,B,C,D,E,F?
4. Differences in Resource Endowments. which one is the answered A,B,C,D,E,F?
5. Overlapping Demand. which one is the answered A,B,C,D,E,F?
6. Diamond Model of National Competitive Advantage. which one is the answered A,B,C,D,E,F?
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