One of the 10 Sources of U

question 62

Multiple Choice

One of the 10 sources of U.S. comparative advantage mentioned in the text is:

• A) religious diversity.
• B) a large military.
• C) a high ratio of lawyers to the population.
• D) stable U.S. government institutions.

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Definitions:

Witnesses

Individuals who have seen an event, especially a crime or a test, and can provide a first-hand account or testimony.

Revocable Living Trust

A trust document created by an individual that can be amended or revoked during their lifetime, used often for estate planning purposes.

Estate Tax

Estate tax is a tax levied on the net value of the estate of a deceased person before it is distributed to the heirs.

Management Advantages

The benefits or competitive edge that a company obtains through effective and efficient management of its resources and operations.