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Sources of Comparative Advantage
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Sources of Comparative Advantage
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9. International Trade / Sources of Comparative Advantage / Problem 3
Problem 3
Evaluate the interplay between labor, capital, and technology in establishing a comparative advantage for a country.
A
They primarily focus on reducing labor costs.
B
They collectively enhance production efficiency and innovation.
C
They operate independently without affecting each other.
D
They are unrelated to a country's economic growth.
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