Once a Country Has Lost Its Comparative Advantage in Producing

question 107

Multiple Choice

Once a country has lost its comparative advantage in producing a good, its income will be ________ and its economy will be ________ if it switches from producing the good to importing it.

• A)higher; less efficient
• B)higher; more efficient
• C)lower; less efficient
• D)lower; more efficient

---

Definitions:

Complex Systems

Systems composed of interconnected parts that as a whole exhibit features and behaviors not evident from the components alone, often characterized by unpredictability and adaptability.

Common Purpose

A shared goal or vision that unites members of a group, organization, or community.

Interdependent Parts

Components that rely on each other to function within a system, where the action of one part affects the whole.

Portfolio Worker

An individual who has multiple careers or jobs simultaneously, often in varied fields, rather than working for a single employer.