In the Real World, We Don't Observe Countries Completely Specializing

question 32

Multiple Choice

In the real world, we don't observe countries completely specializing in the production of goods for which they have a comparative advantage.One reasons for this is

• A)comparative advantage works better in theory than in practice.
• B)some countries have more resources than other countries.
• C)tastes for many traded goods are similar in many countries because of globalization.
• D)production of most goods involves increasing opportunity costs.

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Definitions:

Repaint

The method in graphical user interfaces that triggers a component to be redrawn.

Window Listener

An interface in Java that handles window events, such as opening, closing, or minimizing a window.

WindowListener Interface

An interface in the Java AWT package for receiving window events, such as opening, closing, or minimizing a window.

WindowAdapter

WindowAdapter is an abstract adapter class in Java's AWT used for receiving window events, allowing users to create handlers for specific window actions by overriding methods.