Which of the Following Is an Example of Absolute Advantage

question 23

Multiple Choice

Which of the following is an example of absolute advantage?

• A)Since Turkey controls the Bosporus Strait,the countries on the Black Sea are completely dependent on it for access to the Mediterranean.
• B)Portugal is better at producing wine than producing cloth.
• C)The United States makes software more efficiently than any other country.
• D)Labor can more easily move between industries than can capital.

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Definitions:

Routine

A sequence of actions regularly followed; a fixed program or habitual set of activities.

Familiar Experiences

Events or activities that are recognized from past encounters or knowledge, leading to a sense of comfort or recognition.

Scientific Process

A systematic methodology of exploring, understanding, and validating theories or principles through experiments, observation, and data analysis.

Background Research

The initial phase of investigation that gathers existing information or data on a topic before embarking on new research.