Only Those Products in Which a Country Has an Absolute

question 236

True/False

Only those products in which a country has an absolute advantage will be competitive in world markets.

---

Definitions:

Current Activities

Ongoing operations or tasks within a business or organization that are critical for its day-to-day functioning and success.

CEOs

Chief Executive Officers, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.

Strategic Planning

The process of defining a business's strategy or direction and making decisions on allocating resources to pursue this strategy.