In a Two-Nation World, Comparative Advantage Means That One Nation

question 123

Multiple Choice

In a two-nation world, comparative advantage means that one nation can produce:

• A)a product with fewer inputs than the other nation.
• B)a product at lower average cost than the other nation.
• C)a product at a lower domestic opportunity cost than the other nation.
• D)more of a product than the other nation.

---

Definitions:

Concordance

Agreement, harmony, or compatibility between opinions or actions.

Monozygotic Twins

Twins who originate from a single fertilized egg, making them genetically identical.

Heritability

The proportion of observed variation in a particular trait, within a population, that can be attributed to inherited genetic factors.

Monozygotic Twins

Identical twins that develop from a single fertilized egg and share 100% of their genetic material, leading to nearly identical physical traits and often similar behavior.