An Economy Is Said to Have a Comparative Advantage in the Production

question 19

Multiple Choice

An economy is said to have a comparative advantage in the production of a good if it can produce that good:

• A)with more resources than another economy.
• B)with a higher opportunity cost than another economy.
• C)outside its production possibility frontier.
• D)at a lower opportunity cost than another economy.

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Definitions:

Educational Standards

Established criteria to determine what students should know and be able to do at certain points in their education.

Least Restrictive Environments

Educational settings that provide the greatest degree of freedom for students with disabilities, while still meeting their learning needs.

Exceptional Needs

Referring to individuals, especially children, who require special assistance and resources due to disabilities, learning difficulties, or giftedness.

Least Restrictive Environment

A principle in special education that students with disabilities should learn in a setting that is as close as possible to that of their non-disabled peers.