McqMate
| Q. |
The term ‘factor intensity’ refers to |
| A. | The relative proportion of two commodities produced in a given period |
| B. | The relative amount of resources each country possesses |
| C. | The relative proportion of various factors of production used to produce a commodity |
| D. | None of the above |
| Answer» C. The relative proportion of various factors of production used to produce a commodity | |
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