Solved

When Country a Uses Fewer Resources to Produce a Product

Question 82

Multiple Choice

When country A uses fewer resources to produce a product than another country, then:


A) country A has a comparative advantage in the production of the product.
B) country A has an absolute advantage in the production of the product.
C) country A has a comparative disadvantage in the production of the product.
D) country A has an absolute disadvantage in the production of the product.
E) None of the above

Correct Answer:

verifed

Verified

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

Related Questions