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:

IF Function

A logical function in programming and spreadsheet software that returns one value if a condition is true and another value if the condition is false.

Logical Test

A logical test is an operation in computer programming and spreadsheet applications that evaluates a condition and returns a true or false outcome based on the logic defined.

Fill Formatting Only

This refers to copying only the formatting of a selection without the contents, commonly used in spreadsheet and document editing software.

Destination Area

Destination Area is the end location to which data is intended to be moved or copied within a software application.