A Country May Have a Comparative Advantage in the Production

question 34

Multiple Choice

A country may have a comparative advantage in the production of cars if:

• A) it imports most of the raw materials necessary to produce cars.
• B) its citizens prefer driving cars to other forms of transportation.
• C) it has strict environmental protection laws governing automobile emissions.
• D) it has the natural resources needed to produce steel.

Grasp how separation of powers affects administrative agencies and their creation.

Know the impacts and implications of the Freedom of Information Act (FOIA) on accessing government-held information.

Distinguish between different types of administrative agencies and their creation, powers, and rules.

Understand the constitutional and judicial oversight on administrative agencies and their actions.

---

Definitions:

Complements

Goods or services that are used together with another, such that the demand for one increases when the price of the other decreases.

Video Games

Electronic games played through the use of computers, consoles, or other devices, often involving interactive and multimedia elements.

E-books

Digital formats of written content that can be read on computers, e-readers, or other electronic devices.

Normal Goods

Normal goods are those whose demand increases as consumer income increases, reflecting a direct relationship between income and the demand for these goods.