Comparative Advantage Explains Why a Nation Will Benefit from Trade

question 4

Multiple Choice

Comparative advantage explains why a nation will benefit from trade when:

• A) it exports more than it imports.
• B) its trading partners are experiencing offsetting losses.
• C) it exports goods for which it is a high-opportunity cost producer, while importing those for which it is a low-opportunity cost producer.
• D) it exports goods for which it is a low-opportunity cost producer, while importing those for which it is a high-opportunity cost producer.

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Definitions:

Remote Assistance

A Windows tool used to remotely access a Windows device. The remote computer displays a prompt requesting permission for remote access. Contrast with Remote Desktop, which does not request permission.

Disk Management

A Windows utility that provides users with the capability to manage the partitions and drives connected to their system.

SOW

Statement of Work; a document detailing the project's goals, deliverables, timeline, and specific work to be done.

Purpose Of The Change

In change management, the part of the planning process that documents why a change is needed.