If a Country Has a Comparative Advantage in the Production

question 141

Multiple Choice

If a country has a comparative advantage in the production of all goods, it should:

• A) specialize in the production of goods with the lowest opportunity cost.
• B) specialize in the production of goods with the highest opportunity cost.
• C) specialize in the production of goods with the absolute advantage.
• D) specialize in the production of goods without the absolute advantage.
• E) not specialize at all and produce all the goods itself.

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Definitions:

Centrioles

Cylindrical structures found in most eukaryotic cells, involved in the organization of the mitotic spindle and in the completion of cytokinesis.

Mitosis

The process of cell division that results in two genetically identical daughter cells from a single parent cell, ensuring equal distribution of chromosomes.

Meiosis

A process of cell division that reduces the chromosome number by half, creating four haploid cells, each genetically distinct.

Endosymbiotic Theory

A theory suggesting that some organelles, such as mitochondria and chloroplasts, were originally free-living bacteria that were taken inside another cell.