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:

Double Jeopardy

To place at risk, jeopardize, a person’s life or liberty twice. The Fifth Amendment to the Constitution prohibits a second prosecution for the same criminal offense.

Fourth Amendment

An amendment to the United States Constitution that protects individuals against unreasonable searches and seizures by the government.

Searches

The process of looking carefully in order to find something, especially in legal contexts, it often refers to a systematic examination by authorities to find evidence.

First Amendment

A part of the United States Constitution that protects freedoms concerning religion, expression, assembly, and the right to petition.