If a Nation Has a Comparative Disadvantage in the Production

question 160

Multiple Choice

If a nation has a comparative disadvantage in the production of some commodity,

• A)​it can gain from international trade in that commodity only if it has an absolute advantage in that commodity.
• B)​it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if they produced it domestically.
• C)​it cannot gain from international trade in the commodity.
• D)​it cannot gain from international trade unless it has an absolute advantage in every other commodity.

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Definitions:

Unconscious

The part of the mind that contains thoughts, memories, and desires not within the current awareness, influencing behavior without conscious realization.

Subconscious

The part of the mind that is not fully aware but influences actions and feelings.

The Interpretation of Dreams

A book by Sigmund Freud that introduces his theory of the unconscious with respect to dream interpretation and discusses what dreams are and how they are a pathway to understanding inner thoughts.

Victor of Aveyron

A feral child discovered in late 18th century France who became a subject of study in the development of language and education for children with severe disabilities.