Both Mergatroid and the Geebocks Produce Only Gizmos and Widgets

question 187

Multiple Choice

Both Mergatroid and the Geebocks produce only gizmos and widgets. It is possible for Mergatroid to have

• A) an absolute and a comparative advantage in both products.
• B) a comparative but not an absolute advantage in both products.
• C) neither a comparative nor an absolute advantage in both products.
• D) an absolute but not a comparative advantage in both products.

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Definitions:

Great War

Another name for World War I (1914-1918), emphasizing its scale and impact at the time it occurred.

Irish-Americans

People in the United States who have full or partial ancestry from Ireland, contributing significantly to American culture and society.

Foreign Entanglements

Involvements or commitments by a country in international affairs, particularly in conflicts or alliances, which can complicate diplomatic relationships or lead to military action.