According to the Theory of Comparative Advantage

question 141

Multiple Choice

According to the theory of comparative advantage,

• A)a country can gain from trade only if it can produce all goods at a lower cost than its trade partner.
• B)a country can gain from trade only if it can produce a good at a lower cost than another country.
• C)a country can gain from trade only if it can produce a good more efficiently than another country.
• D)any country can gain from trade.
• E)only high-income countries will gain from trade

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Definitions:

Dependent Variable

In an experiment, the variable that is tested and measured, expected to change due to the independent variable.

Experimental Group

In research, a group of subjects exposed to the variable under study to determine its effects, contrasted with a control group.

Placebo

An inactive substance or treatment given to a patient instead of medication, used in controlled experiments to test effectiveness.

Alzheimer's Disease

A progressive neurological disorder that causes memory loss and cognitive decline due to the death of brain cells.