A Country Is Likely to Have a Comparative Advantage in a Capital-Intensive

question 106

Multiple Choice

A country is likely to have a comparative advantage in a capital-intensive activity if it has a:

• A)lot of land relative to its population.
• B)large amount of capital relative to its landmass.
• C)higher opportunity cost of producing technology.
• D)higher amount of labor relative to its population.

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Definitions:

Alienation

The feeling of disconnect or estrangement individuals experience when they are unable to find meaningful connections with their work, others, or the society at large.

Capitalism

An economic framework where capital goods are owned by individuals or companies, with investment decisions made privately, and where the pricing, manufacturing, and distribution of items are primarily governed by the competitive forces within an unrestricted market.

Human Potential

The innate possibilities and capabilities within every individual, which can be developed through growth-focused methods, education, and opportunities.

Alienated

Feeling estranged or separated from one's surroundings, work, products of work, or self, often resulting from structures of power or social isolation.