The Theory of Comparative Advantage Suggests That A(n)

question 136

Multiple Choice

The theory of comparative advantage suggests that a(n) :

• A) industrialized country should not import.
• B) country that is not competitive should import everything.
• C) country specialize in producing goods or services for which it has a lower opportunity cost.
• D) none of the above.

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Definitions:

Prosocial Behaviour

Actions intended to benefit others, characterized by altruism, cooperation, and other positive social acts.

Positively Valued

Regarded with high esteem or importance, often due to perceived benefits, moral significance, or emotional attachment.

Benefit Someone

To provide advantage or positive outcomes to an individual or group, improving their condition or situation.

Prosocial Behaviour

Voluntary actions that are intended to help or benefit another individual or group of individuals.