Which of the Following Is an Example of Absolute Advantage

question 15

Multiple Choice

Which of the following is an example of absolute advantage?

• A)Japan makes cars more efficiently than the United States.
• B)Germany makes cars more efficiently than the United States,and the United States makes software more efficiently than Germany.
• C)The United States is likely to win in a trade war against either Germany or Japan.
• D)Japan makes cars more efficiently than any other country.
• E)All countries are equally efficient at making software.

Identify the roles and challenges faced by HR departments in various types of organizations.

Recognize the importance of aligning staffing activities with organizational strategy and how it affects productivity and quality.

Comprehend the significance of fulfilling psychological contracts to promote individual growth and development.

Understand the systems approach to coordinating various human resource management activities.

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Definitions:

Governmental Regulations

Laws and rules established by governments to regulate behaviors, activities, and standards in various industries and society at large.

Supply Chain Sustainability

The management of environmental, social, and economic impacts within the supply chain, focusing on long-term viability and ethics.

Legal Obligations

Responsibilities or duties enforced by law that an entity or individual must follow.

Stakeholders

Individuals or groups with an interest or concern in the success and operations of a business, including employees, customers, investors, and suppliers.