Which Is Not a Source of Comparative Advantage

question 17

Essay

Which is not a source of comparative advantage?
A.In general, France has absolute advantage in production of all goods and services when compared to Italy.
B.The United States has more advanced technology for computer chip design than India.
C.Hawaii has a more favorable climate to grow pineapple than Italy.
D.In the market for lumber, Canada has many more trees than England.

---

Definitions:

Paid in Capital in Excess

The amount received from investors for stock, exceeding its par or stated value, also known as additional paid-in capital.

Par Value

The face value of a stock or bond as specified by the issuing company, often used in accounting to record the equity or debt issued.

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, often with dividends that are paid out before those of common shares.

Organization Expense

Organization expense refers to the costs associated with forming a business entity, such as legal fees, filing fees, and costs of issuing stock.