When the Industries in a Country Tend to Produce Products

question 81

Multiple Choice

When the industries in a country tend to produce products that have the lowest opportunity cost relative to other countries, the country most likely has a _____.

• A) comparative advantage
• B) balance of payments surplus
• C) positive balance
• D) trade surplus

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Definitions:

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The proper manner of holding writing instruments or tools, essential for effective control and to reduce strain during tasks requiring fine motor skills.

Folding Paper

A manual dexterity process involving bending paper along a crease to create shapes, structures, or designs.

Early Childhood

A critical period in human development that spans from birth to around age eight, characterized by rapid physical, cognitive, and social growth.

Hunter

An individual or entity that pursues and captures or kills wildlife for food, recreation, or trade.