Country a Must Have an Absolute Advantage Over Country B

question 52

Multiple Choice

Country A must have an absolute advantage over country B in the production of a good when it

• A) is able to produce the good for itself.
• B) imports the good from country B.
• C) imports inputs to produce the good from country B.
• D) decides to export the good to country B.
• E) can produce a unit of the good with less resources than country B.

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Definitions:

Critical Psychological States

Part of the Job Characteristics Model, these states are believed to be key for achieving positive outcomes in job redesign efforts, including experienced meaningfulness of the work, experienced responsibility for outcomes, and knowledge of results.

Experienced Meaningfulness

The feeling of value and purpose in one’s work, leading to increased motivation and job satisfaction.

Growth-need Strength

The degree to which an individual needs personal growth, development, and intrinsic motivation at work.

Job Enrichment

Job enrichment is a process that enhances job satisfaction and employee motivation by integrating more meaningful tasks, giving workers more control over their duties, and offering opportunities for personal growth.