INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 4

Essay

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.Select A for the first item,B for the second item,and C if neither item will correctly complete the statement.
-The AMEX is [very close to | way below] the trading volume of the NYSE.

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Definitions:

Abundant

Available in large quantities; more than sufficient; plentiful.

Comparative Advantage

The ability of an individual or group to carry out a particular economic activity (such as making a specific product) more efficiently than another activity.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than other competitors.

United States

A country in North America, consisting of 50 states, characterized by its significant global economic, political, and cultural influence.