Which of the Following Would NOT Be a Way to Implement

question 49

Multiple Choice

Which of the following would NOT be a way to implement comparative advantage?

• A) IBM exports computers to Egypt.
• B) Computer hardware is designed in the United States but manufactured and assembled in Korea.
• C) Water of the greatest purity is obtained from wells in Oregon, bottled, and exported worldwide.
• D) All of the above are examples of ways to implement comparative advantage.

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Definitions:

Economic Wants

Desires for goods and services that can be satisfied through market transactions or consumption, including basic needs and luxuries.

Unlimited Resources

A hypothetical situation where resources available for use are infinite, eliminating constraints on usage or production.

Recurring Theme

A motif or subject that appears repeatedly throughout a work of literature, music, or art, emphasizing a particular idea or message.

Positive Statement

An objective statement based on facts and evidence that can be tested and verified, focusing on describing "what is".