If Country a Has an Absolute Advantage Over Country B

question 29

Multiple Choice

If country A has an absolute advantage over country B in the production of good X, then:

• A)the opportunity cost of producing X in country A is lower than in country B.
• B)the opportunity cost of producing X in country A is higher than in country B.
• C)good X can be produced in country A using fewer inputs than in country B.
• D)good X can be produced in country B using fewer inputs than in country B.

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Definitions:

National Nonprofit

A type of organization dedicated to furthering a particular social cause or advocating for a shared point of interest, which does not distribute its surplus funds to owners or shareholders.

Local Chapter

A regional or local division of a larger organization, often responsible for carrying out the organization's mission in a specific geographical area.

Collective Impact Model

An approach to social change that focuses on cross-sector coordination rather than the isolated intervention of individual organizations.

Wolff's Criticisms

Refers to the critiques put forth by philosopher Robert Paul Wolff, often focused on authority, democracy, and individual autonomy in political contexts.