Economics 9708 · AS & A Level · International trade and free trade

International trade and free trade — practice question

In 2020, a global pandemic occurred. High-income countries rapidly created a vaccine. Low-income countries constructed high-tech factories to manufacture large quantities of the vaccine for export. What accounts for this international division of labour?

  • Alow-income countries: lower costs of production; high-income countries: availability of specialists in research and development
  • Bover-supply of unskilled labour; scarce human resources
  • Cmany people tended to catch the disease; many people tended to avoid the disease
  • Dstrict government control over resource allocation; no government control over resource allocation

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