Which of the Following Statements Is True Regarding Absolute Advantage

question 98

Multiple Choice

Which of the following statements is true regarding absolute advantage?

• A) Absolute advantages are rare these days.
• B) Every country possesses an absolute advantage.
• C) Developing countries possess no absolute advantage.
• D) A nation must first possess a comparative advantage before it can possess an absolute advantage.

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Definitions:

Sensitization

An increase in the strength of a response with repeated presentations of a stimulus.

Habituation

The method through which a living being reduces or stops its reactions to a constant stimulus over a period.

Behavioral Contrast

The change in the intensity or rate of a specific behavior when the reward conditions for another behavior are modified, demonstrating how reinforcement can influence behavioral patterns divergently.

Habituation

The process by which there is a decrease in response to a stimulus after repeated exposures, indicating a form of learning or adaptation.