Specializing in the Production of a Good or Service in Which

question 200

Multiple Choice

Specializing in the production of a good or service in which one has a comparative advantage enables a country to do which of the following?

• A)never have to engage in trade with other nations
• B)increase the variety of products that it can produce with a decrease in resources
• C)consume a combination of goods that lies outside its own production possibilities frontier
• D)produce a combination of goods that lies outside its own production possibilities frontier

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Definitions:

Ise Shrine

A Shinto shrine in Japan dedicated to the goddess Amaterasu-ōmikami, famous for its tradition of rebuilding the shrines every 20 years in a process called Shikinen Sengu.

Aesthetic Principle

Foundational ideas or philosophies that guide the critique, creation, or appreciation of beauty and art.

Wabi

A 16th-century Japanese art style characterized by refined rusticity and an appreciation of simplicity and austerity.

Ming

A major Chinese dynasty that ruled from 1368 to 1644, known for its advancements in literature, arts, and architecture, including the construction of the Forbidden City and the voyages of explorer Zheng He.