If Country a Has an Absolute Advantage Over Country B

question 29

Multiple Choice

If country A has an absolute advantage over country B in the production of good X, then:

• A)the opportunity cost of producing X in country A is lower than in country B.
• B)the opportunity cost of producing X in country A is higher than in country B.
• C)good X can be produced in country A using fewer inputs than in country B.
• D)good X can be produced in country B using fewer inputs than in country B.

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Definitions:

Behavioral Manifestations

Refers to observable behaviors or actions that result from an individual's response to environmental or internal stimuli.

Predict

The act of forecasting or projecting possible future events based on current knowledge or data.

I Data

Informant data, which includes observations and assessments of an individual's behavior by others, often used in personality research for a more external viewpoint.

Self-Monitoring

The practice of observing and managing one's behavior in social situations to conform to the perceived expectations of others.