Management Notes

Reference Notes for Management

According to the principle of absolute advantage; Japan should:

According to the principle of absolute advantage; Japan should

According to the principle of absolute advantage; Japan should:

 Options:

a. Export steel
b. Export DVDs
c. Export steel and DVDs
d. There is no basis for gainful specialization and trade

The Correct Answer Is:

  • d. There is no basis for gainful specialization and trade

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