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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