Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following are the economic forces underlying the international flow of goods and services? Group of answer choices Productive factors move from nations
Which of the following are the economic forces underlying the international flow of goods and services? Group of answer choices Productive factors move from nations where they are scarce to nations where they are abundant. Productive factors flow in response to differences in returns when they are less than the costs of moving from one country to another. Productive factors move for reasons that are significantly different from those economic forces that explain the international movement flow of goods and services. Productive factors move from where they are abundant to where they are scarce
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started