When Compared with China, the Growth of Clothing Exports Originating

question 21

Multiple Choice

When compared with China, the growth of clothing exports originating in Bangladesh is the result of

• A) the comparative advantage that Bangladesh has in the production of clothing for export.
• B) the absolute advantage that China has in the production of clothing for export.
• C) the absolute advantage that Bangladesh has in the production of clothing for export.
• D) the comparative and absolute advantage that China has in the production of clothing for export.
• E) the comparative and absolute advantage that Bangladesh has in the production of clothing for export.

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Definitions:

Negligence

An unintentional, careless act or omission that causes injury to another person or his property.

Sale of Goods Act

Legislation governing the sale of goods, providing rights and obligations for both buyers and sellers.

Goods and Services

Tangible products and intangible activities offered to consumers or businesses in the marketplace.

Caveat Emptor

“Let the buyer beware”; a principle that the purchaser must examine, judge, and test for herself.