Question

Comparative advantage A. is unlikely to​ change, once it has been defined. B. may change as time passes and circumstances change. C. is determined by governments of nations across the globe. D. is independent a countries skilled and unskilled labor quantities.

Answer 1

The correct answer is B. may change as time passes and circumstances

Step-by-step explanation:

The concept of comparative advantage is one of the basic foundations of international trade. It assumes as decisive the relative costs of production and not the absolute ones. In other words, countries produce goods that have a lower relative cost compared to the rest of the world.