According to the Principle of Comparative Advantage, a Nation Should

question 230

Multiple Choice

According to the principle of comparative advantage, a nation should specialize in economic activities

• A) that incur lower opportunity costs.
• B) that incur higher opportunity costs.
• C) for which it has an absolute advantage.
• D) for which it has no absolute advantage.

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Definitions:

Video Card

An expansion card for a computer or system that processes and outputs images to a display.

Video Card

A hardware component in computers designed to render images and videos to be displayed on a monitor.

Expansion Card

A hardware component that adds functionality to a computer by plugging into its expansion slot, enhancing its capabilities.

RAM

Random Access Memory, a type of computer memory that is used to store data temporarily while a computer is running, facilitating quick access by the CPU.