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Which of the Following Sentences Is NOT Ambiguous

question 17

Multiple Choice

Which of the following sentences is NOT ambiguous?


Definitions:

Exports

Goods and services sold to other countries.

World Production

The total output of goods and services produced by all countries around the globe.

Autarky

A situation in which a country does not trade with other countries.

Comparative Advantage

The advantage conferred on an individual or country in producing a good or service if the opportunity cost of producing the good or service is lower for that individual or country than for other producers.

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