Multiple Choice
When a nation has a comparative advantage in the production of a particular good
A) the nation tends to avoid specialization.
B) the comparative advantage encourages self-sufficiency.
C) the opportunity cost of producing that good is higher than that of other goods.
D) the nation can gain from trade.
Correct Answer:

Verified
Correct Answer:
Verified
Q339: Which of the following describes comparative advantage?<br>A)
Q340: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Employees at Bank
Q341: Technological change<br>A) generates economic growth.<br>B) shifts the
Q342: When producing at a production efficient point,<br>A)
Q343: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above
Q345: A key factor that leads to economic
Q346: How do property rights help organize production
Q347: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q348: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Refer to the
Q349: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure