A Country Has an Absolute Advantage in the Production of a Product

question 52

Multiple Choice

A country has an absolute advantage in the production of a product when it

• A) has the capability to produce the product within its boundaries.
• B) is more efficient than any other country in producing it.
• C) has the largest domestic demand for the product.
• D) has access to the raw materials needed to produce the product.

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Definitions:

Car Accident

An unexpected event involving a vehicle on the road, resulting in damage or injury.

Teenager

A person who is between the age of 13 and 19; the period of life transitioning from childhood to adulthood.

Drug Overdose

Occurs when a person takes more than the recommended amount of a drug, leading to potentially fatal health consequences.

Gun Shot

The discharge of a firearm, which can result in a projectile being propelled at high velocity towards a target.