menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Essentials Study Set 5
  4. Exam
    Exam 4: Understanding the Global Context of Business
  5. Question
    What Is the Result When a Country Can Produce Goods
Solved

What Is the Result When a Country Can Produce Goods

Question 78

Question 78

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:

verifed

Verified

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

Related Questions

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

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