Specialization in Trade Will Be Economically Efficient If It Is

question 274

Multiple Choice

Specialization in trade will be economically efficient if it is based upon

• A) national security needs.
• B) absolute advantage.
• C) comparative advantage.
• D) government regulations.

---

Definitions:

Academic Achievement

The extent of a student's success in meeting short- or long-term goals in education, often measured by grades, tests, or degree completion.

Larger Population

A term referring to a bigger group or number of individuals within a specified area or demographic.

Creativity

The ability to produce original and valuable ideas, involving imagination and the ability to generate solutions to problems.

Intelligence

The ability to acquire knowledge, understand complex ideas, adapt effectively to the environment, and learn from experiences.