Absolute Advantage

question 99

Multiple Choice

Absolute advantage

• A)is the same as comparative advantage
• B)implies autarky
• C)means that countries of the same size have the same opportunity cost of producing both goods
• D)means that a country can produce more of two goods than another country can
• E)means that a country can produce less of two goods than another country can

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Definitions:

Nasal Flaring

The widening of the nostrils during breathing, often seen as a sign of respiratory distress or increased effort to breathe.

Sternal

Pertaining to the sternum or breastbone, a long flat bone located in the central part of the chest.

Intercostal Retractions

The inward movement of the spaces between the ribs during inhalation, indicating respiratory distress or difficulty breathing.

Horizontal Fissure

A separation or groove on the lung's surface that divides the upper lobe from the middle lobe on the right lung.