attempt.php?attempt-42509 Question 8 Not yet arnwered Points out of 1.00 P Rlag

Question

attempt.php?attempt-42509 Question 8 Not yet arnwered Points out of 1.00 P Rlag question Ira country kas.. absol te advantage in peod eing apod,- Select one eountry peodoes as mamy unit, efthe good as demanded demestically the country is able to produce that good using fewer resources than other coutries countries of the same sizn have the same opportusity cost of prodacing bodh goods the productivity of workers in that country is lower than that in all countries opportany cost ofprodeugte pod isthe lowest in tteou try Question 9 Not yet answered Paints out of 1.00 P Flag question Which of the follorwing is true of predatory dumping? Select one Once the competition is gone, the exporting finn owers the price in the foreige market That. are a peatumbar of desmented cases of predatory mpng t may be a way to escourage the devalopmaut of domestic peoductien of a good

Explanation / Answer

Comparative advantage is the advantage in production of a good or in service that a country or a region tend to have where it can be produced at a lower opportunity cost than anyone else. In contrast, higher productivity will ensure absolute advantage which means production with fewer resources. Hence option B is correct

Predatory dumping is one of the methods of price discrimination done by few exporter to price so low that it may drive the domestic producers out of business. Hence Option B is correct

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.