The Theory of Absolute Advantage Destroys the Mercantilist Idea That

question 14

Multiple Choice

The theory of absolute advantage destroys the mercantilist idea that international trade is a ________.

• A) positive-sum game
• B) zero-sum game
• C) negative-sum game
• D) winner-take-all

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Definitions:

If Statement

A programming condition that executes a specific sequence of statements only if a certain condition is true.

Else

A part of conditional statements in programming that specifies what action to take when the condition in an if statement is not met.

Else If

A conditional statement in programming that specifies a new condition to test if the previous condition(s) is false.

Macro Action

A predefined action or set of actions that can be triggered in software to automate repetitive tasks.