menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Exploring Business
  4. Exam
    Exam 9: Business in a Global Environment
  5. Question
    If a Country Is the Only Source of a Particular
Solved

If a Country Is the Only Source of a Particular

Question 129

Question 129

True/False

If a country is the only source of a particular product or it can make more of a product using the same amount of or fewer resources than other countries we say that the country has an absolute advantage in economic terms.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q124: When researching global business opportunities,firms must grasp

Q125: Nations practice dumping in order to _.<br>A)sell

Q126: A strategic alliance between a U.S.firm and

Q127: All of the following pieces of advice

Q128: The United States currently enjoys an international

Q130: The euro,the common currency of the European

Q131: Companies doing international business often face a

Q132: Cajun Chicken, a growing franchise chain based

Q133: All of the following nations belong to

Q134: If you were in charge of a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines