If a Nation Has No Absolute Advantage,then It

question 4

Multiple Choice

If a nation has no absolute advantage,then it

• A)cannot gain from trade.
• B)still gains from trade.
• C)can only gain from trade if it raises its productivity levels.
• D)can only gain from trade if it reduces wages paid.
• E)can only gain from trade if it produces outside its production possibilities curve.

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Definitions:

Power

The ability to influence or control the behavior of people or the course of events.

Stronger Your Needs

Intensifying the personal requirements or drives that motivate individuals to act in certain ways.

Less Motivated

Describes a decreased level of drive or interest in performing tasks or pursuing goals, compared to a higher level of motivation.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.