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Foreıgn Trade
Foreıgn Trade Deneme Sınavı
Foreıgn Trade Deneme Sınavı Sorusu #1396765
Foreıgn Trade Deneme Sınavı Sorusu #1396765
"Advantageous trade can occur between countries if the countries differ in their __________ to produce goods and services."
What completes the above sentence?
resource endowments |
technological abilities |
demand |
economies of scale |
government policies |
Yanıt Açıklaması:
Differences in Technology: Advantageous trade can occur between countries if the countries differ in their technological abilities to produce goods and services. Technology refers to the techniques used to turn resources- labour, capital, land into outputs -goods and services.
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