If Spain Is Capable of Producing Either Tapas or Soccer

question 89

Multiple Choice

If Spain is capable of producing either tapas or soccer balls or some combination of those two products,then:

• A)Spain should produce the good it has an absolute advantage in producing.
• B)Spain should produce the good it has a comparative advantage in producing.
• C)Spain should remain self-sufficient if it can produce both efficiently.
• D)Spain should trade only if it possesses the absolute advantage in the production of both goods.

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Definitions:

Communication Flows

The exchange of information between various levels and parts of an organization or between different organizations.

Managers

Individuals who are responsible for directing and overseeing the work of a group of people in an organization.

Employee Engagement

The level of an employee's emotional investment, commitment, and enthusiasm towards their work and organization.