Comparative Advantage in Production Is Achieved by

question 9

Multiple Choice

Comparative advantage in production is achieved by

• A)Subsidizing,specializing,and lowering the price of an exported good.
• B)Being able to produce a good with fewer inputs than in other countries.
• C)Having terms of trade that are better than the terms of trade faced in other countries.
• D)Having a lower opportunity cost of producing a good relative to that of other countries.

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Definitions:

Startup Command-line

A series of text commands used to configure settings or start programs when a computer system initiates.

Exclusive Access

In computing, it refers to a mode where only one user or process can access a resource, like a file or database, at a time, preventing others from accessing it concurrently.

LastName Field

A specific field in a database used to store the last name of individuals, often part of a larger record like customer or employee information.

Required

A constraint in databases or forms that enforces a field to be filled in or provided with data before saving or proceeding.