How Is Absolute Advantage Found

question 102

Multiple Choice

How is absolute advantage found?

• A) by comparing opportunity costs
• B) by calculating the dollar cost of production
• C) by comparing the productivity of one nation to that of another
• D) by first determining which country has a comparative advantage

---

Definitions:

Scienter

The knowledge or intent to deceive, manipulate, or defraud in legal contexts.

Representation

The act of standing in for or speaking on behalf of another person or group in a legal or political context.

Fraudulent Misrepresentation

Fraudulent misrepresentation occurs when one party intentionally provides false information to another with the aim of inducing that party into a contract, leading to potential harm or loss.

Intentional Deceit

Deliberate misrepresentation or withholding of truth to deceive or mislead another party, resulting in harm or damages.