The Main Advantage of ________ Is the Ability to Move

question 134

Multiple Choice

The main advantage of ________ is the ability to move out beyond previous resource and production constraints.

• A) absolute advantage
• B) trade barriers
• C) trade between two countries
• D) export subsidies

---

Definitions:

Abnormal Return

A return on an investment that deviates from the expected normal or benchmark return.

Bogey Portfolio

A benchmark portfolio against which the performance of an investment portfolio can be measured, often used in fund management.

Sharpe's Measure

A metric used to evaluate the risk-adjusted return of an investment portfolio.

Residual Standard Deviation

A statistical measure that quantifies the amount by which an outcome differs from the prediction of a model.