Which of the following is not a source of comparative advantage?
A)relative abundance of labor and capital
B)technology
C)climate and natural resources
D)a strong foreign currency exchange rate

Question

Quizplus · Accepted Answer

A strong foreign currency exchange rate is not a source of comparative advantage. Comparative advantage refers to a country's ability to produce a particular good or service at a lower opportunity cost than another country. This can be achieved through factors such as relative abundance of labor and capital, technology, and climate and natural resources. A strong foreign currency exchange rate can affect international trade and competitiveness but is not a direct source of comparative advantage.

Which of the Following Is Not a Source of Comparative