According to the human skills theory of comparative


1. According to the human skills theory of comparative advantage, developing countries would be expected to have a(n)

a. absolute advantage in industries requiring a large amount of unskilled labor.

b. absolute advantage in industries requiring a large amount of skilled labor.

c. comparative advantage in industries requiring a large amount of natural resources.

d. comparative advantage in industries requiring minimal use of unskilled labor.

e. comparative advantage in industries requiring a relatively large amount of unskilled labor.

2. After-transfers family income is the sum of

a. nonmarket earnings, cash transfers, and the market-equivalent value of in-kind transfers.

b. market earnings and cash transfers.

c. market earnings and the market-equivalent value of in-kind transfers.

d. cash transfers and the market-equivalent value of in-kind transfers.

e. market earnings, cash transfers, and the market-equivalent value of in-kind transfers.

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Business Economics: According to the human skills theory of comparative
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