Multiple Choice
The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-The original comparative advantage model that used the relative abundance of factors of production to explain comparative advantage assumed that countries:
A) employed all four factors of production; land, labor, capital, and entrepreneurship.
B) employed only two factors of production; labor and capital.
C) employed only two factors of production; land and entrepreneurial ability.
D) worked with a fixed capital stock.
E) were free to vary their employment of only one factor of production; labor.
Correct Answer:

Verified
Correct Answer:
Verified
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