Which of the following is TRUE according to the case study on U.S./ China trade presented in the chapter?
A)China has relative abundance in capital.
B)China has relative abundance in skilled labor.
C)The United States has relative scarcity in unskilled labor.
D)The United States has relative scarcity in capital.

Question

Quizplus · Accepted Answer

The case study likely highlights that the United States has a relative scarcity in unskilled labor compared to China, which has an abundance of it. This is a common theme in discussions of U.S./China trade dynamics.

Which of the Following Is TRUE According to the Case