Producers Who Have Absolute Advantages in All Goods

question 174

Multiple Choice

Producers who have absolute advantages in all goods:

• A) cannot exist.
• B) have no use for trade.
• C) are better off specializing in their comparative advantages and trading for other goods.
• D) should avoid the global division of labor because it is counterproductive for them.

Understand the composition of compounds based on chemical formulas.

Comprehend the basic principles of writing chemical formulas for compounds.

Differentiate between the properties of metallic and non-metallic elements.

Understand the anatomy and morphology of eudicot plants.