Multiple Choice
What is the result when a country can produce goods more efficiently or better than other nations?
A) Balance of trade deficit
B) Absolute advantage
C) Increased globalization
D) Comparative advantage
E) National competitive advantage
Correct Answer:

Verified
Correct Answer:
Verified
Q73: Which of the following directly affects the
Q74: What condition is needed to gain a
Q75: Which of the following types of tariff
Q76: Suppose the United States requires products sold
Q77: Why should companies conducting international operations be
Q79: Explain a floating exchange rate.
Q80: Which organization was developed to promote economic
Q81: What typically happens to a country's balance
Q82: Where is the world's largest free marketplace?<br>A)
Q83: What is the shared system of symbols,beliefs,and