If Country a Has an Absolute Advantage Over Country B

question 73

Multiple Choice

If Country A has an absolute advantage over Country B in the production of every commodity,

• A) mutual gains from trade between Country A and Country B would be impossible.
• B) Country B would be able to gain from trade but not country A.
• C) the joint output of the two countries could not be increased through specialization and exchange.
• D) mutual gains from trade would still be possible.

---

Definitions:

Diversity

The inclusion and representation of different types of people (e.g., races, cultures, ages, genders, sexual orientations) within a group or organization.

Career Growth

The process of advancing in one's job career by gaining new skills, positions, responsibilities, and opportunities for personal and professional development.

Minority Persons

Individuals who belong to a subgroup within a population that is differentiated by some characteristics (e.g., race, religion, sexual orientation) from the majority.

Awareness Training

Training employees to develop their understanding of the need to manage and value diversity.