the strength of india’s manufacturing sector gives it a _____ in comparison with other countries.
a. comparative advantage
b. absolute advantage
c. political barrier
d. economic barrier
e. technological barrier

Respuesta :

The strength of India's manufacturing sector gives it a Comparative Advantage in comparison with other countries.

Comparative Advantage means - An economy can produce goods with less opportunity cost, ie less amount of other goods sacrificed, to produce the considered good.

India can produce manufactured goods by sacrificing lesser units of other goods, due to various factors like -

Cheap Labour, Huge working population, Expanding domestic goods' market etc

So, production & market factors contribute to India possessing comparative advantage and consequent strength in manufacturing sector.

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