The ability of one person or nation to produce more of a good while using the same quantity of resources as another is called a(n) ________ advantage.
A) market
B) absolute
C) specialization
D) comparative
E) specific
Correct Answer:
Verified
Q16: The following table presents data on imports
Q17: Trade deficit is
A) the sum of a
Q18: If Hong Kong has an open economy,it
Q19: For country A,an export is a good
Q20: Trade balance is
A) the sum of a
Q22: Citizens can consume the largest quantities of
Q23: Which country has the world's biggest economy?
A)
Q24: The following table identifies the real value
Q25: The following table identifies the real value
Q26: In 2011,60 percent of goods imported by
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