A Tsunami Can Occur _______

question 80

Multiple Choice

A tsunami can occur _______.

• A) when an earthquake occurs in the seafloor like along an oceanic plate boundary
• B) any time there is an earthquake anywhere
• C) when an explosive volcanic eruption occurs in someplace like Hawaii or Alaska
• D) when an earthquake occurs along a coastline like in Japan or Indonesia
• E) All of the above are correct.

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Definitions:

Comparative Advantage

The capacity of a person or a collective to perform a specific economic function more effectively than another function.

Specialization

The practice of focusing resources on the production of particular goods or services for which a person or entity has a competitive advantage.

Comparative Advantage

The ability of an individual or country to produce a particular good at a lower opportunity cost than another.

Absolute Advantage

The ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.