If Country X Can Produce a Unit of Good 1

question 52

Multiple Choice

If country X can produce a unit of good 1 at a lower opportunity cost than can country Y, it is correct to state that country X

• A) has a comparative advantage in producing good 1.
• B) has an absolute advantage in producing good 1.
• C) will import good 1 from country Y.
• D) will not produce good 1.

---

Definitions:

Political Behavior

Actions within an organization aimed at improving one's status or power, often involving strategic alliances, negotiation, or manipulation.

Maneuverability

Describes the ability of an object or entity to change direction or course effectively and efficiently, often used in contexts involving vehicles or strategic planning.

Confidence

The feeling or belief in one's abilities, qualities, and judgment.

Organizational Reward System

A structure within an organization designed to motivate employees by recognizing and rewarding their performance and achievements.