Explain Whether It Is Possible for a Country to Have

question 187

Essay

Explain whether it is possible for a country to have an absolute advantage in the production of a product without having a comparative advantage in the production of that product.

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Definitions:

Alberti

Leon Battista Alberti, a Renaissance humanist polymath who contributed significantly to architecture, theory, and the arts in 15th-century Italy.

Facade

Usually, the front of a building; also, the other sides when they are emphasized architecturally.

Contrapposto

An art term describing a human figure standing with most of its weight on one foot, such that its shoulders and arms twist off-axis from the hips and legs, giving the figure a more dynamic, or relaxed appearance.

Quattrocento

Italian, “400”—that is, the 15th century (the 1400s) in Italy.