Country Z Can Produce Pig Iron More Efficiently Than Any

question 55

Multiple Choice

Country Z can produce pig iron more efficiently than any other product. Which type of advantage in pig iron does Country Z have?

• A) Absolute advantage
• B) National competitive advantage
• C) Comparative advantage
• D) Trade balance advantage
• E) Resource advantage

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Definitions:

Agonist

A substance that activates a receptor to produce a biological response.

Antagonist

in pharmacology, a substance that acts against and blocks an action. In literature, a character or force in conflict with the main character.

Neurotransmitter

Chemical messengers in the brain and body that transmit signals from one nerve cell to another.

Peripheral Nerves

Nerves located outside the brain and spinal cord, which connect the central nervous system to limbs and organs.