Reference: Ref 2-9 (Figure: Countries a & B) Refer to the Figure

question 35

Multiple Choice

Reference: Ref 2-9 (Figure: Countries A & B) Refer to the figure. According to the diagram about countries A & B, which of the following statements is correct? I. Country A has a comparative advantage in Good Y. II. Country B has an absolute advantage in both goods. III. Country B has a comparative advantage in Good X.

• A) I and II only
• B) I and III only
• C) II and III only
• D) I, II, and III

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Definitions:

Ions

Particles that carry a net electric charge as a result of either losing or acquiring one or more electrons.

Energy Waves

Oscillations that transfer energy from one place to another, such as sound waves, light waves, or electromagnetic waves.

Hydrolysis Reactions

Hydrolysis reactions involve the chemical breakdown of a compound due to its reaction with water.

Dehydration

The condition that results when the body loses more water than it takes in, leading to insufficient water to carry out normal functions.