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Charles Mott Works for a Company Called VeriSign That Acts

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Charles Mott works for a company called VeriSign that acts a trusted third party to verify information. One of Charles' largest clients is CheckMd, which holds and authenticates customer reviews of doctors and dentists online and having a third party validating the reviews is critical to CheckMd's success. What type of authentication technique is VeriSign providing for CheckMD?


Definitions:

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than other producers.

Absolute Advantage

The ability of a country or individual to produce a good more efficiently than another entity with the same resources.

Trade Deficit

The circumstance where a country's imports outpace its exports, causing a negative trade balance.

Trade Surpluses

Trade surpluses occur when a country's exports exceed its imports over a given period, indicating a net inflow of domestic currency from foreign markets.

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