China has developed a comparative advantage in the production of children's toys. The source of this comparative advantage is
A) superior process technology.
B) a large supply of unskilled workers and relatively little capital.
C) investment in capital used to produce toys.
D) a large supply of natural resources.
Answer: B
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A public good in which exclusion is possible is called
A) an exclusive good. B) a common good. C) an impure good. D) a club good.
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A. much less likely than B. less likely than C. equally likely as D. more likely than