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Theory of Comparative Advantage Recognizes That

question 23

Multiple Choice

Theory of Comparative Advantage recognizes that:
I. very productive people can do everything
II.people can make more by specializing than by doingeverything
III. the division of knowledge helps increase productivity.


Definitions:

Rocks Folded

refers to the bending and curving of rock layers under pressure, without the layers breaking.

Flat-lying Layers

Horizontal strata of sedimentary rock that have not been significantly tilted or disturbed since their deposition.

Disconformity

An unconformity in which the bedding planes above and below the break are essentially parallel, but the unconformity surface records erosion or some other interruption in the deposition of layers.

Seawater

The saline water composing the world's oceans and seas, which envelopes over 70% of the Earth's surface.

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