According to the Principle of Comparative Advantage, If a Rich

question 128

Multiple Choice

According to the principle of comparative advantage, if a rich country trades with a poor country, then

• A)the rich country will lose and the poor country will benefit.
• B)the rich country will benefit and the poor country will lose.
• C)both countries will benefit.
• D)neither of the countries will benefit.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, granting them certain rights and potential financial benefits from the company's performance.

Dissolved

The process of officially ending the existence of a corporate entity or partnership through legal means.

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The supreme law of the United States of America, establishing the framework of the national government and the rights of citizens.

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The first ten amendments to the U.S. Constitution, guaranteeing fundamental rights and protections to American citizens.