Question on: SS3 Economics - Principle of Comparative Cost Advantage And Its Limitations
What does the principle of comparative cost advantage assume about resources within a country?
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A
That resources are freely mobile between different sectors
B
That resources are scarce and should be preserved
C
That resources can only be used for one sector of production
D
That resources are abundant and can be used for any sector of production
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Correct Option: A
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