According to International Trade Theory

question 141

Multiple Choice

According to international trade theory

• A) every country has a comparative advantage in something.
• B) comparative advantage is based on absolute advantage.
• C) less developed countries cannot trade successfully with developed countries.
• D) trade is based on absolute advantage.

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Definitions:

Beak Sizes

Variations in the length, width, and shape of the beaks among bird species, often correlated with their feeding habits and ecological niches.

Exotic Species

Organisms introduced to new habitats where they are not native, often leading to ecological imbalance.

Indicator Species

Indicator species are organisms used to assess the health of an environment or ecosystem, as their presence or absence indicates specific environmental conditions.