A Country Possesses a Comparative Advantage in the Production of a Good

question 120

Multiple Choice

A country possesses a comparative advantage in the production of a good if

• A) the opportunity cost in terms of forgone output of alternative goods is lower for this country than it is for its trading partners.
• B) it is able to produce more of this good per hour than can any other country.
• C) it possesses an absolute advantage in the production of this good.
• D) all of the above

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Definitions:

Recessive Allele

Recessive allele refers to an allele that produces its characteristic phenotype only when it is paired with an identical allele (that is, in homozygous states).

Frequency-Dependent Selection

A form of natural selection where the fitness of a phenotype depends on its frequency relative to other phenotypes in the population.

Clone Genotypes

Replicating the genetic makeup of an organism to create a genetic duplicate, leading to individuals with identical genotypes.

Heterozygote Advantage

Occurs when selection favors heterozygote individuals over either the dominant homozygote or the recessive homozygote.