A Country Has an Absolute Advantage in Production If

question 36

Multiple Choice

A country has an absolute advantage in production if:

• A) it can produce the same good using fewer inputs than another country.
• B) it can produce a good using fewer inputs than it takes another country to produce a different good.
• C) other countries can produce the same good using fewer inputs.
• D) it has the lowest opportunity cost of producing a good.

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Definitions:

Child Abuse

Any act by a parent, caregiver, or other individual that results in potential or actual harm to a child, whether physically, psychologically, or sexually.

Microsystems

The immediate environments in which people interact face-to-face, such as families, schools, and peer groups, within the broader context of Bronfenbrenner’s ecological systems theory.

Play School

Play school, also known as preschool, is an educational establishment offering early childhood education to children prior to compulsory education at primary school.

Weekdays

The days of the week that are typically dedicated to work or school activities, usually from Monday to Friday, excluding the weekend.