Which of the Following Statements Is True

question 1

Multiple Choice

Which of the following statements is true?

• A) Comparative advantage means that total world output will be greatest when each good is produced by the nation that has the highest domestic opportunity cost of producing it.
• B) Comparative advantage means that a nation can gain from trade only if it has a lower labor productivity than its trading partner.
• C) Specialization will be complete among nations when opportunity costs increase as the nations produce more of a particular product.
• D) Specialization will be less than complete among nations when opportunity costs increase as the nations produce more of a particular product.

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Definitions:

Peer Pressure

The impact wielded by a peer group that motivates individuals to alter their attitudes, values, or behaviors in order to align with the norms of the group.

Sexual Orientation

A lasting tendency of being emotionally, romantically, or sexually drawn to men, women, or either gender.

Identical Twins

Twins that result from a single fertilized egg splitting and developing into two individuals with exactly the same genetic material.

Environmental Factors

Elements within the external environment that can influence an individual's health, behavior, and ability to interact with the world, including natural, social, and built environments.