Comparative Advantage Stems from a Difference in

question 263

Multiple Choice

Comparative advantage stems from a difference in

• A)relative efficiency.
• B)absolute efficiency.
• C)natural endowment.
• D)tastes of consumers.

---

Definitions:

Affirmative Action

Policies and measures designed to increase the representation of minorities and women in areas of employment, education, and business from which they have been historically excluded.

Minorities

Groups of people who are distinct from the majority population based on ethnic, racial, religious, or linguistic characteristics, often experiencing differential treatment or marginalization.

Change Leader

Someone who takes initiative in trying to change the behaviour of another person or within a social system.

Behavior Pattern

A recurrent way of acting by an individual or group toward a given object or in a specific situation.