Is It Possible for a Country to Have an Absolute

question 78

Multiple Choice

Is it possible for a country to have an absolute disadvantage and a comparative advantage in the production of a good?

• A)No,these are incompatible on theoretical grounds.
• B)No,theory prevents it,but some economists claim it could occur.
• C)Yes,this situation can occur.
• D)Yes,in theory,although not in reality.

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Definitions:

Adoption Credit

A tax credit offered to offset the expenses incurred in the process of legally adopting a child.

Modified AGI

Adjusted Gross Income as further modified by specific deductions and exclusions for certain tax calculations.

Qualified Adoption Expenses

Expenses related to the legal adoption of a child that are eligible for tax credits or deductions.

Adoption Benefits

Financial assistance and tax benefits provided to individuals or families during the adoption process.