The Advantage Enjoyed by One Country Over Another, When It

question 22

Multiple Choice

The advantage enjoyed by one country over another, when it has a lower opportunity cost in producing a product is:

• A) an absolute advantage
• B) a productive advantage
• C) a relative advantage
• D) a comparative advantage

---

Definitions:

Cognitive Development

Refers to the progression of thinking, problem solving, and decision-making abilities from childhood through adolescence to adulthood.

Elisabeth Kübler-Ross

A psychiatrist who identified the five stages of grief through her work with terminally ill patients, known as denial, anger, bargaining, depression, and acceptance.

Terminally Ill

A medical condition that is expected to lead to death within a relatively short time, often involving serious illness or disease.

Anger

An emotional state that varies in intensity from mild irritation to intense fury and rage, often triggered by perceived wrongs or frustrations.