If a Nation Has a Comparative Advantage in the Production

question 45

Multiple Choice

If a nation has a comparative advantage in the production of X, this means the nation

• A) cannot benefit by producing and trading this product.
• B) must give up less of other goods than other nations in producing a unit of X.
• C) has a production possibilities curve identical to those of other nations.
• D) is not subject to increasing opportunity costs.

---

Definitions:

Lack of Knowledge

The state or condition of being unaware or uninformed about specific information, topics, or skills.

Planning

The act of organizing, outlining goals, and formulating strategies to achieve specific objectives.

Key Message

The most important or central piece of information that one wishes to convey to an audience.

Uninterested Audiences

Audiences showing no interest or enthusiasm in the presented content or message.