If a Country Is Absolutely More Efficient Than Any Other

question 20

Multiple Choice

If a country is absolutely more efficient than any other country in producing everything,then it would

• A) simply export goods and services and import money.
• B) not trade with others because there would be no benefit in doing so.
• C) still benefit that nation to specialize and trade those goods in which it possesses a comparative advantage.
• D) make it unnecessary for other nations to produce anything for themselves.
• E) represent a refutation of the concept of comparative advantage.

---

Definitions:

IQ

represents a score derived from standardized assessments designed to measure human intelligence and cognitive abilities.

Poor Nutrition

A state of receiving inadequate nutrients from the diet, leading to health problems.

Correlation

A statistical measure that describes the extent to which two variables change together, but does not imply cause-and-effect.

IQ Scores

Numeric values derived from standardized assessments intended to measure human intelligence and cognitive abilities.