The Theory of Comparative Advantage States That a Nation Can

question 5

Multiple Choice

The theory of comparative advantage states that a nation can gain from international trade ONLY if it:

• A) supplies products that other nations don't produce.
• B) has a disadvantage against other nations in the production of particular goods.
• C) produces the best of everything.
• D) exports products at a lower cost than other nations.
• E) none of the above.

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American Bar Association

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Proximate Cause

A legal concept that establishes the cause of an injury as being sufficiently related to an actionable event or condition to justify liability.

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