Once a Country Has Lost Its Comparative Advantage in Producing

question 107

Multiple Choice

Once a country has lost its comparative advantage in producing a good, its income will be ________ and its economy will be ________ if it switches from producing the good to importing it.

• A)higher; less efficient
• B)higher; more efficient
• C)lower; less efficient
• D)lower; more efficient

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Definitions:

MRI

Magnetic Resonance Imaging, a diagnostic technique that uses magnetic fields and radio waves to create detailed images of the body's internal structures.

Synapses

The junctions between two neurons or between a neuron and a muscle where communication occurs through neurotransmitter release.

Axons

A part of a neuron that carries nerve impulses away from the cell body toward other neurons or muscles.

Dendrites

Branch-like extensions of neurons that receive signals from other neurons and conduct them towards the cell body.