Which of the assumptions of comparative advantage seem unrealistic? Fixed technology and imperfect competition in the market Unemployment in perfect competition Immobile factors of production and higher transportation costs Fixed technology and imperfect competition in the labour market Free trade and immobile factors of production

Which of the assumptions of comparative advantage seem unrealistic? Fixed technology and imperfect competition in the market Unemployment in perfect competition Immobile factors of production and higher transportation costs Fixed technology and imperfect competition in the labour market Free trade and immobile factors of production

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter19: International Trade

Section: Chapter Questions

Problem 12PAE

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