An Example of A(n) ________ Comparative Advantage Is That Some

question 47

Multiple Choice

An example of a(n) ________ comparative advantage is that some U.S. consumers prefer German beer over American beer because German beer has a reputation for tasting better.

• A) unwarranted
• B) acquired
• C) natural
• D) subsidized

---

Definitions:

Sarbanes-Oxley

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws, following financial scandals at companies like Enron and WorldCom.

Publicly Traded Companies

Companies whose shares are publicly exchanged on the stock market, subject to regulatory reporting requirements.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the government.

Business Ethics

The principles and standards that guide behavior in the world of business, ensuring actions and decisions meet with societal expectations of integrity and fairness.