Which of the Following Would NOT Be a Way to Implement

question 49

Multiple Choice

Which of the following would NOT be a way to implement comparative advantage?

• A) IBM exports computers to Egypt.
• B) Computer hardware is designed in the United States but manufactured and assembled in Korea.
• C) Water of the greatest purity is obtained from wells in Oregon, bottled, and exported worldwide.
• D) All of the above are examples of ways to implement comparative advantage.

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Definitions:

Paper Money

Currency in the form of paper notes, issued by the government or central bank, representing a claim on the issuing country's government.

Gold

A precious metal that is used as an investment, a hedge against inflation, and in various industrial and jewelry applications, known for its value retention over time.

U.S. Currency

The money that is legally in use in the United States, consisting mainly of Federal Reserve Notes (dollar bills).

Federal Reserve

The central banking system of the United States, responsible for monetary policy, including regulation of money supply and interest rates.