Absolute Advantage Occurs When One Nation Can Produce a Good

question 112

Multiple Choice

Absolute advantage occurs when one nation can produce a good ____ its trading partners.

• A) in larger quantities than
• B) faster than
• C) that is desired by
• D) more efficiently than
• E) only consumed by

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Definitions:

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is essential for all forms of life, known chemically as H2O.

Sunlight

The natural light that emanates from the sun, essential for most forms of life on Earth.

Hydrogen Ions

Positively charged ions, or protons, denoted as H+, which are fundamental in determining the acidity or pH level of solutions.

Thylakoid Membrane

The site within chloroplasts that contains chlorophyll and where the light-dependent reactions of photosynthesis occur.