If a Nation Has an Absolute Advantage in the Production

question 184

Multiple Choice

If a nation has an absolute advantage in the production of some commodity, it

• A)can gain only if it has a comparative advantage in the commodity.
• B)may still gain from trade in the commodity.
• C)cannot gain from trade in the commodity.
• D)cannot gain unless it has an absolute advantage in every other commodity.

---

Definitions:

Pachymeter

An instrument used in ophthalmology to measure the thickness of the cornea, important for assessing eye health.

Peripheral Pulses

The palpable heartbeat in peripheral parts of the body such as the wrists and ankles, indicating blood flow from the heart to different body parts.

Peripheral Vascular Disease

A circulatory disorder that causes reduced blood flow to the limbs due to narrowed blood vessels.

Dorsalis Pedis

An artery located on the top of the foot that supplies blood to the area, palpation of which can be important in assessing peripheral circulation.