If Nations Trade on the Basis of Comparative Advantage

question 189

Multiple Choice

If nations trade on the basis of comparative advantage

• A)a nation can gain only at the expense of trading partners.
• B)exporting nations gain and importing nations lose.
• C)importing nations gain and exporting nations lose.
• D)all trading partners mutually gain.

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Definitions:

Flatness

A geometric tolerance that specifies the maximum allowable deviation of a surface from being perfectly flat.

Geometric Tolerance

The maximum permissible deviation in shape and location for a geometric element.

Characteristic Symbol

A symbol used in engineering drawings to represent the type of geometric characteristic that is being controlled by a geometric tolerance.

Symmetry

A characteristic where an object or design is evenly proportioned and balanced, such that it can be divided into matching halves by one or more axes.