Which of the Following Statements Is True

question 1

Multiple Choice

Which of the following statements is true?

• A) Comparative advantage means that total world output will be greatest when each good is produced by the nation that has the highest domestic opportunity cost of producing it.
• B) Comparative advantage means that a nation can gain from trade only if it has a lower labor productivity than its trading partner.
• C) Specialization will be complete among nations when opportunity costs increase as the nations produce more of a particular product.
• D) Specialization will be less than complete among nations when opportunity costs increase as the nations produce more of a particular product.

---

Definitions:

Integration Difficulties

Challenges faced when combining different systems, processes, cultures, or organizations into a cohesive and functioning whole.

M&A Failures

Situations where mergers and acquisitions do not achieve their intended outcomes, often resulting in financial loss or organizational disruption.

Too Small

Describes a size or capacity that is not sufficient for the intended purpose or need.

M&As Fail

Situations where mergers and acquisitions do not achieve their intended goals, often resulting in financial loss or operational difficulties.