Which of the Following Is an Example of an Effort

question 102

Multiple Choice

Which of the following is an example of an effort to decrease physical capital differences between an advanced and a developing economy?

• A) American troops build roads in Iraq.
• B) Through World Vision, women and children in Africa receive education.
• C) Peace Corps volunteers teach English around the world.
• D) Creating Hope International trains women in Afghanistan to become tailors.
• E) Habitat for Humanity builds houses for low income families in the United States.

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Definitions:

Rents

Payments made for the use of property or land, often reflecting the value derived from its use.

Comparative Advantage

The ability of an individual or country to produce a good or service at a lower opportunity cost than others, underpinning international trade.

Comparative Disadvantage

A situation where a country or entity is less efficient at producing goods or services compared to another country or entity.

Absolute Advantage

The capacity of a person, corporation, or nation to manufacture a product or provide a service at a lower per-unit expense than any other participant in the market.