A Nation Has a Comparative Advantage in the Production of Cars

question 24

Multiple Choice

A nation has a comparative advantage in the production of cars over another nation if:

• A)​it can produce cars with fewer resources than the other country.
• B)​it can produce cars at a lower opportunity cost than the other country.
• C)​it can produce cars at a higher opportunity cost than the other country.
• D)​it can produce cars at the same opportunity cost and its consumers have a stronger preference for cars than consumers in the other country.

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Definitions:

Serotonin

A neurotransmitter in the brain associated with mood regulation, sleep, and appetite control.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to learned responses.

Aplysia

A genus of sea slugs known for their utility in neurobiological studies, especially in understanding the fundamentals of learning and memory.

Physical Basis

The underlying material or biological foundation for a phenomenon or condition.