The Primary Benefit That Results When a Nation Employs Its

question 80

Multiple Choice

The primary benefit that results when a nation employs its resources in accordance with the principle of comparative advantage is

• A) an expansion in investment resulting from a reallocation of resources away from consumption.
• B) a larger output resulting from a more efficient use of resources.
• C) greater equality of income resulting from an increase in the number of workers.
• D) an increase in the profitability of business enterprises resulting from an increase in investment.

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Definitions:

Interest Groups

Organizations or collectives focusing on advocating or lobbying for specific causes, interests, or policies.

Obscure

Something that is not discovered or known about; uncertain or unclear due to being poorly understood.

News Media

Outlets and platforms, including newspapers, television, radio, and online sources, that are involved in the gathering, broadcasting, and distribution of news to the public.

Collaborative Process

A method of working that involves multiple individuals or groups to achieve a common goal through shared decision-making and resource pooling.