Which of the Following Is NOT One of the Major

question 372

Multiple Choice

Which of the following is NOT one of the major kingdoms?

• A) Eucharia
• B) Archea
• C) Chordea
• D) Bacteria

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Definitions:

Natural Comparative Advantage

A situation where a country or region can produce a particular good or service at a lower opportunity cost compared to other countries or regions.

Factor Endowments

Refers to the quantity and quality of resources a country or region has available, such as labor, land, and capital.

Heckscher-Ohlin Theorem

An economic theory stating that countries export what they can most efficiently and abundantly produce.

Labor Intensive

describes industries or production processes that require a large amount of labor relative to capital in the production process.