The difference between the comparative advantage theory

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The difference between the comparative advantage theory and the factor proportions theory is that the factor proportions theory? ________.

A. states that a country specializes in producing and exporting goods using the factors of production that are most abundant and thus cheapestlong dash—not the goods in which it is most productive

B. says that international trade is a? positive-sum game.

C. considers labor to be the only resource used in the production process

D. suggests that trade is a? zero-sum game

E. believes that nations could increase their wealth by maintaining a trade surplus

Reference no: EM131009736

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