Comparative Advantage Is Based on the

question 33

Multiple Choice

Comparative advantage is based on the

• A) concept that some countries are superior to others.
• B) concept of absolute advantage of producing goods in different countries.
• C) concept of relative opportunity cost of producing goods in different countries.
• D) concept that some countries are better endowed with natural resources.

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Definitions:

Anaerobic Respiration

A form of respiration that occurs in the absence of oxygen, allowing cells to convert glucose into energy and producing by-products such as lactic acid or ethanol.

Muscle Cramps

Sudden, involuntary contractions of one or more muscles often causing intense pain.

Evolutionary Advantage

A genetic trait that improves an organism's ability to survive and reproduce in its environment, thereby increasing its chances of passing on its genes to the next generation.

Fructose-1,6-bisphosphate

A key sugar substrate in the glycolytic pathway, which provides energy to cells by breaking down glucose.