Identify a True Statement About Comparative Advantage

question 37

Multiple Choice

Identify a true statement about comparative advantage.

• A)It is the tendency of a country to choose goods that have a higher opportunity cost compared to other countries.
• B)It stays the same regardless of the changes in the technology or workforce in a country.
• C)It is affected by major trade barriers to international trade.
• D)It always remains static for developing countries.

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Definitions:

Committee of Correspondence

Groups formed in the American colonies to maintain communication lines and coordinate actions against British policies before the American Revolution.

Colonists' Rights

The rights claimed by the inhabitants of colonies, especially concerning self-governance, freedom from external interference, and legal equality.

Resistance Movement

A group or collection of individuals who actively oppose an occupying force or the policies of an existing government, typically through various forms of noncompliance and sabotage.

Coercive Acts

Legislation passed by the British parliament intended to reassert control over the American colonies by closing the Boston Harbor and removing Massachusetts' governmental autonomy.