Management Notes

Reference Notes for Management

Comparative advantage is determined by:

Comparative advantage is determined by

Comparative advantage is determined by:

 Options:

a. actual differences in labor productivity between countries.
b. relative differences in labor productivity between countries.
c. both (a) and (b)
d. neither (a) nor (b

The Correct Answer Is:

  • b. relative differences in labor productivity between countries.

Read more