If a Nation Has No Absolute Advantage,then It

question 8

Multiple Choice

If a nation has no absolute advantage,then it

• A)cannot gain from trade.
• B)still gains from trade.
• C)can only gain from trade if it raises its productivity levels.
• D)can only gain from trade if it produces outside its production possibilities curve.

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Definitions:

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air.

Plasma

In vertebrates, the liquid portion of blood; contains nutrients, wastes, salts, and proteins.

Oxyhemoglobin

Compound formed when oxygen combines with hemoglobin.

Vocal Sounds

Sounds produced by creatures, particularly humans, using the vocal cords and/or other mechanisms in the throat, often used for communication.