Comparative Advantage-Mutual exchange

Mutually beneficial exchange is probable whenever relative production costs vary previous to trade, is a manner to state the law of: (1) Positive profits from trade. (2) Comparative benefit. (3) Specialization and Division. (4) Purchasing power parity. (5) Global economic effectiveness.

Choose the right answer from the above options.

   Related Questions in Business Economics

©TutorsGlobe All rights reserved 2022-2023.