Person Has a Comparative Advantage in Activity X When Thatperson's

question 59

Multiple Choice

person has a comparative advantage in activity X when thatperson's:

• A)opportunity cost of performing that activity is very high.
• B)ability to perform that activity exceeds that of all other people.
• C)government negotiates a favorable trade agreement.
• D)opportunity cost is lower than other trading partners.(True Answer )Correct

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Definitions:

Integumentary System

The bodily system consisting of the skin, hair, nails, and exocrine glands; it protects the body from external damage and regulates temperature.

Lymphatic System

A network of vessels, tissues, and organs that helps to maintain fluid balance, protect against pathogens, and support the immune system.

Nervous System

The part of an organism that coordinates its actions by transmitting signals to and from different parts of its body.

Reproductive System

The system of organs and structures in organisms that work together for the purpose of reproduction.