Multiple Choice
The principle of _____ explains why France can produce white wine at a lower opportunity cost than the neighboring country of Germany.
A) comparative advantage
B) absolute advantage
C) capital ferment
D) opportunity-cost replacement
Correct Answer:

Verified
Correct Answer:
Verified
Q96: Under NAFTA (North American Free Trade Association),the
Q97: Ben Franklin's adage "Time is money" is
Q98: While importing is widely practiced throughout the
Q99: _ is a common method of protecting
Q100: Although different countries have different communication styles,virtually
Q102: _ is a common motto among MNCs
Q103: In communicating with other countries or cultures,it's
Q104: Under a franchising agreement between a U.S.<br>based
Q105: Many multinational corporations (MNCs)have adopted the motto
Q106: Cajun Chicken, a growing franchise chain based