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:

Periodic Table

A tabular arrangement of chemical elements organized by their atomic number, electron configuration, and recurring chemical properties.

Referents

The objects or things in the real world that words or phrases refer to or denote.

Differentia

The characteristic that distinguishes a particular species from other members of the same genus in taxonomy, or more generally, the distinguishing feature of something.

Too Broad

A term used to describe statements, questions, or categories that are so wide-ranging they lack focus, making them difficult to address or answer succinctly.