Which of the Following Statements Is True

question 33

Multiple Choice

Which of the following statements is true?

• A)Exports tend to decrease economic efficiency.
• B)A nation should specialize in producing a good in which it has an absolute advantage.
• C)A nation should specialize in producing a good only when it has both an absolute and a comparative advantage.
• D)A nation should specialize in producing a good in which it has a comparative advantage.
• E)International trade does not reflect the benefits of specialization.

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Definitions:

Chemical Activity

The behavior of chemicals interacting with each other, including reactions that involve changes in molecular structure.

Elicits Action

Provokes or triggers a response or activity.

Amplitude

The magnitude or strength of a wave signal, representing the energy level or intensity of the wave.

Frequency of Firing

The rate at which a neuron produces action potentials over a given period of time, often related to the intensity of stimulation.