Which of the Following Exists When a Country Can Produce

question 13

Multiple Choice

Which of the following exists when a country can produce something more cheaply and/or of higher quality than any other country can?

• A) Monopolistic advantage
• B) National competitive advantage
• C) Resource advantage
• D) Absolute advantage
• E) Comparative advantage

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Definitions:

Attachment

A deep and enduring emotional bond that connects one person to another across time and space.

Displacement Behavior

A psychological phenomenon where an individual redirects their impulse from an unattainable or threatening target to a safer or more acceptable one.

Equally Strong Motives

The psychological concept referring to instances where an individual is simultaneously driven by two or more motives that are of similar strength but potentially conflict with each other.

Inhibiting

The action or process of hindering or restraining the function or activity of something.