Economics · International Trade
International trade is based fundamentally on the idea that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Factors of production are less mobile internationally than are finished goods✓
- 2Factors of production are more mobile internationally than are finished goods
- 3Imports should always exceed exports
- 4Exports should always exceed imports
Correct answer
Factors of production are less mobile internationally than are finished goods
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