Which of the Following Statements About Comparative Advantage Is Not

question 129

Multiple Choice

Which of the following statements about comparative advantage is not true?

• A)Comparative advantage is determined by which person or group of persons can produce a given quantity of a good using the fewest resources.
• B)The principle of comparative advantage applies to countries as well as to individuals.
• C)Economists use the principle of comparative advantage to emphasize the potential benefits of free trade.
• D)A country may have a comparative advantage in producing a good, even though it lacks an absolute advantage in producing that good.

---

Definitions:

Extroversion Versus Introversion

A personality dimension describing the extent to which an individual is outgoing and energized by social interaction (extroversion) or prefers solitude and minimizes social engagement (introversion).

Central Traits

Personality attributes that are considered particularly characteristic of an individual and which form a basic foundation of personality.

Gordon Allport

An American psychologist who is often considered one of the founders of personality psychology and known for his theory of personality traits.

Collective Unconscious

A concept in Jungian psychology referring to the part of the unconscious mind that is shared among beings of the same species containing archetypes.