Under the Principle of Comparative Advantage Total Output Is Greatest

question 37

Multiple Choice

Under the principle of comparative advantage total output is greatest when each product is made by the country that

• A)enjoys an absolute advantage.
• B)has the lowest opportunity cost.
• C)has the lowest wage rates.
• D)has the lowest degree of specialization.

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Definitions:

Double Fertilization

A process in the flowering plant life cycle in which there are two fertilizations; one fertilization results in formation of a zygote, whereas the second results in formation of endosperm.

Sperm

Male reproductive cells designed to fertilize female ova (eggs) during sexual reproduction.

Reproductive Structures

Organs or features of organisms that are involved in the production of offspring.

Human Civilization

The complex society that humans have developed through cultural, technological, and social advancements.