According to the Theory of Comparative Advantage, ________ Raise(s) Productivity

question 44

Multiple Choice

According to the theory of comparative advantage, ________ raise(s) productivity by lowering opportunity costs.

• A) trade and specialization
• B) investment in capital goods
• C) economic growth
• D) exchange and consumption

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Definitions:

Personalized Content

Customized media and marketing materials tailored to the preferences, interests, or past behaviors of an individual or segment of the audience.

Platform Relevance

The degree to which a digital or physical platform remains significant and useful to its intended audience or users, often in the context of evolving market dynamics.

Personal Interaction

Direct, face-to-face communication between individuals, which can enhance understanding, strengthen relationships, and facilitate collaboration.

Transparency

The practice of being open, honest, and straightforward about various activities, ensuring accessibility of information to stakeholders.