Belarus Has a Comparative Advantage in the Production of Linen,but

question 11

Multiple Choice

Belarus has a comparative advantage in the production of linen,but Russia has an absolute advantage in the production of linen.If these two countries decide to trade,

• A)Belarus should export linen to Russia.
• B)Russia should export linen to Belarus.
• C)trading linen would provide no net advantage to either country.
• D)Without additional information about opportunity costs,this question cannot be answered.

---

Definitions:

Portfolio

A group of investment assets held by either a person or a corporate entity.

Stock Y

A placeholder name typically used to represent a generic or hypothetical stock or equity investment in examples or discussions.

Beta

A measure of a stock's volatility in relation to the overall market; indicating how much a stock’s price might swing.

Portfolio

An assortment of financial assets comprising stocks, bonds, commodities, alongside cash and cash equivalents, as well as closed-end funds and exchange traded funds (ETFs).