What Is the Result When a Country Can Produce Goods

question 78

Multiple Choice

What is the result when a country can produce goods more efficiently or better than other nations?

• A) Balance of trade deficit
• B) Absolute advantage
• C) Increased globalization
• D) Comparative advantage
• E) National competitive advantage

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Definitions:

Learning

The acquisition of knowledge or skills through experience, study, or teaching, leading to a relatively permanent change in behavior.

Alligators

Large, carnivorous reptiles primarily found in the United States and China, known for their armored bodies and powerful jaws.

Color-Blind

A condition characterized by the inability to perceive color differences, resulting from deficiencies in color-sensing pigments in the eye.

Charles Darwin

A 19th-century naturalist best known for his contributions to the science of evolution, especially his theory of natural selection.