When Countries Specialize in Producing Those Goods in Which They

question 85

Multiple Choice

When countries specialize in producing those goods in which they have a comparative advantage, they

• A) maximize their combined output, but they do not necessarily allocate their resources more efficiently.
• B) maximize their combined output and allocate their resources more efficiently.
• C) allocate their resources more efficiently, but they do not necessarily maximize their combined output.
• D) do not necessarily maximize their combined output, and they also do not necessarily allocate their resources more efficiently.

---

Definitions:

Ladder Logic

A programming language that represents electronic switching circuits; widely used in programming PLCs.

Control Process

A method or procedure in automation or management used to direct, monitor, and regulate the behavior and operations of a system to achieve desired results.

Limit Switch

An electromechanical device used to detect the presence or absence of an object when it reaches a designated point.

Pressure Switch

A switch activated at a specified pressure.