Subtract

question 110

Multiple Choice

Subtract.

• A) -165.41
• B) -27.69
• C) -120.85
• D) -120.65
• E) -27.71

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Definitions:

Temporary Protection

A form of humanitarian status that allows individuals fleeing emergencies in their home countries to remain in a host country for a limited period.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than other producers.

Absolute Advantage

The ability of a country or individual to produce a good more efficiently than another entity with the same resources.

Trade Deficit

The circumstance where a country's imports outpace its exports, causing a negative trade balance.