A Country Has an Absolute Advantage Over Another in the Production

question 129

Multiple Choice

A country has an absolute advantage over another in the production of widgets if it can produce

• A)widgets using smaller quantities of resources than can the other country.
• B)more widgets than can the other country.
• C)widgets more efficiently than can the other country.
• D)widgets at a lower opportunity cost than can the other country.

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Definitions:

Gonads

The primary reproductive organs, testes in males and ovaries in females, that produce gametes and sex hormones.

Leukemia

A type of cancer that affects blood and bone marrow, characterized by the overproduction of abnormal white blood cells.

Sonogram

An imaging method that uses high-frequency sound waves to produce images of structures within your body, often used for evaluating fetal development.

Ultrasonography

A diagnostic imaging technique that uses high-frequency sound waves to produce images of structures within the body.