Which of the following best explains why a nation exports specific products and services?
Whether the nation has international companies
Whether a nation has a trade surplus
Whether a nation has an absolute advantage
Whether a nation has a balance of trade
The level of the country's GNP
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q34: If there is a favourable balance of
Q35: As the value of a country's currency
Q36: If Japan's total exports are $12 billion
Q37: The difference between absolute and comparative advantages
Q38: According to the World Economic Forum's global
Q40: Which of the following is correct with
Q41: Which of the following companies may not
Q42: Algoma Treasures, a gift-wrap manufacturer, is considering
Q43: If the Canadian dollar rises, our balance
Q44: With respect to exchange rates and competition,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents