XML Stands for ________

question 28

Multiple Choice

XML stands for ________.

• A)Experimental Markup Language
• B)Extendable Markup Language
• C)Extensible Markup Language
• D)Active X-control Markup Language

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Definitions:

Specialization

A strategy where individuals or entities focus on producing a limited range of goods or services, enhancing efficiency and expertise in their domain.

Exchange

The act of trading goods, services, or currencies between two or more parties.

Trading Partners

Countries, entities, or individuals that exchange goods, services, or resources among each other.

Law of Comparative Advantage

The principle that a country should specialize in producing and exporting goods in which it has the lowest opportunity cost and import goods in which it has a comparative disadvantage.