The assumptions of the principles of comparative cost advantage is based on I. Absence of…

Economics NECO 2004

The assumptions of the principles of comparative cost advantage is based on

I. Absence of Trade Restrictions
II. No transport costs
III. Constant technology

  • II & III only
  • I & II only checkmark
  • I, II & III only
  • II only
  • III only

The correct answer is: B

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