A Country Can Gain by Importing a Good That It

question 143

Multiple Choice

A country can gain by importing a good that it can make itself if

• A)this enables the country to make another good in which it is extremely efficient.
• B)it has an absolute disadvantage in the good.
• C)this permits the country to establish comparative advantage in the good.
• D)All of the above are correct.

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Definitions:

Health Maintenance Organization

A type of health insurance plan that often requires members to access healthcare services from a specific network of providers.

Allotted Time Period

The specific duration that is assigned or permitted for a particular task, event, or activity.

Modified Wave

A change or adaptation in a wave pattern, often referring to scheduled appointments or signals, to achieve a desired outcome or behavior.

Indemnity

A form of financial protection or compensation for loss, damage, or injury, often provided through insurance policies.