Suppose That the Opportunity Cost of Producing Goods Differs Between

question 294

Multiple Choice

Suppose that the opportunity cost of producing goods differs between two nations. We can correctly state that

• A)the two nations should not specialize in the production of goods.
• B)specialization can lead to an increase in the production of all goods.
• C)specialization can lead to an increase in the consumption of all goods.
• D)neither country has a comparative advantage in the production of any good.

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Definitions:

Fetal Abnormalities

Deviations from the normal development in the fetus, which can be structural, functional, or genetic, and detected before birth through various screening methods.

Amniocentesis

A medical procedure used in prenatal diagnosis, involving the extraction of a small amount of amniotic fluid for genetic and chromosome testing.

Chorionic Villus Sampling

A prenatal test where samples of the placental tissue are taken for genetic testing to check for abnormalities in the fetus.

Alpha-Fetoprotein Assay

A blood test used to measure the levels of alpha-fetoprotein, which can help assess the risk of developmental defects in a fetus.