Suppose Brazil Has an Absolute Advantage Over Other Countries in Producing

question 2

Multiple Choice

Suppose Brazil has an absolute advantage over other countries in producing almonds,but other countries have a comparative advantage over Brazil in producing almonds.If trade in almonds is allowed,Brazil

• A)will import almonds.
• B)will export almonds.
• C)will either import almonds or export almonds,but it is not clear from the given information.
• D)would have nothing to gain either from exporting or importing almonds.

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Definitions:

Customer Relationship Management

A system for managing a company’s interactions with current and future customers, often utilizing technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.

Supply Chain Management

The management of the flow of goods and services, including all processes that transform raw materials into final products.

Functional Barriers

Obstacles arising from the structure and functioning of an organization that hinder communication and cooperation among different departments or units.

Information Competency

The ability to locate, evaluate, and use information effectively, often regarded as an essential skill in the digital age.