A Country Has a Comparative Advantage in a Good If

question 102

Multiple Choice

A country has a comparative advantage in a good if

• A) It can produce more of the good than another country.
• B) It can produce a good at a lower opportunity cost relative to another country.
• C) It can specialize only in two goods.
• D) It also has an absolute advantage in the production of the good.

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Definitions:

Active Listening

An approach to listening that involves giving full attention to the speaker, understanding their message, and responding thoughtfully.

Client-Centered Therapist

A therapist who practices a form of psychotherapy focusing on creating a supportive environment where clients can discover their true selves through self-exploration.

Active Listening

A technique of listening that involves paying full attention, understanding, responding, and then remembering what is being said.

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