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

International trade and free trade — practice question

Which of the following is not a disadvantage of the theory of comparative advantage?

  • Athe movement of factors of production between countries
  • Bgovernments’ imposition of trade restrictions
  • Cone country being more efficient in the production of all goods
  • Dtransport costs outweighing any comparative advantage

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