All of the following are sources of comparative advantage except
A)climate and natural resources.
B)relative abundance of labor and capital.
C)a strong foreign currency exchange rate.
D)technology.

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. Climate and natural resources, relative abundance of labor and capital, and technology are all factors that can contribute to a country's comparative advantage.

All of the Following Are Sources of Comparative Advantage Except