According to the Principal of Comparative Advantage, a Country

question 32

Multiple Choice

According to the principal of comparative advantage, a country

• A)that produces goods at the lowest absolute cost will export those goods.
• B)will import goods it can produce at the lowest relative cost.
• C)will export goods it can produce at the lowest relative cost.
• D)will only import those goods that it cannot produce for itself.

---

Definitions:

Attitude Change

A change in a person’s attitudes about some issue, person, or situation.

Low Levels

Conditions or quantities that are minor, reduced, or below average, often indicating a lack of intensity, severity, or concentration.

Five Factor Model

A personality model that suggests five broad dimensions are sufficient to describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Agreeableness

A personality trait characterized by qualities such as being kind, cooperative, and sympathetic towards others.