When One Country Can Produce a Good More Efficiently Than

question 24

Multiple Choice

When one country can produce a good more efficiently than another country:

• A) that country should produce that good and be the sole "winner" of trade.
• B) that country can specialize in that good and choose only to export goods.
• C) both can specialize in the industry in which they have comparative advantage and experience mutual gains.
• D) that country has no basis for trading with another nation.

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Definitions:

Olmstead v. L.C.

A landmark United States Supreme Court decision that found unjustified segregation of persons with disabilities constitutes discrimination in violation of title II of the Americans with Disabilities Act.

Mental Health Patients

Individuals who receive treatment for various mental illnesses, disorders, and conditions.

Least Restrictive Facility

A principle advocating for the minimal use of constraints when selecting an environment for treatment, favoring the least confining settings.

Right

A directional term indicating a position on the opposite side of left, or a principle aligning with justice, law, or morality.