FTP

question 13

Multiple Choice

FTP

• A) is the document format used to produce Web pages.
• B) controls Web browsers that access the Web.
• C) is used to connect to Usenet groups on the Internet
• D) is used to transfer text files, programs, spreadsheets, and databases across the Internet.
• E) is a low-level encryption scheme used to secure transmissions in higher-level () format.

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Definitions:

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors, underpinning international trade.

Specialization

The practice of focusing on and becoming expert in a particular subject or skill, in economics, it refers to individuals or firms concentrating on the production of limited kinds of goods or services.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than others.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade.