menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 20
  4. Exam
    Exam 21: International Finance
  5. Question
    The Situation Where a Country Can Produce a Good at a Lower
Solved

The Situation Where a Country Can Produce a Good at a Lower

Question 101

Question 101

Multiple Choice

The situation where a country can produce a good at a lower opportunity cost than another country is called a(n) __________ advantage.


A) permanent
B) transitory
C) absolute
D) comparative
E) natural

Correct Answer:

verifed

Verified

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

Related Questions

Q96: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit

Q97: As a result of a quota,both consumers'

Q98: A quota on imported avocadoes _ the

Q99: Two major exports for the United States

Q100: Tariffs and quotas are often imposed when

Q102: Which of the following statements about a

Q103: The ability to produce a good at

Q104: A quota is<br>A) a tax imposed on

Q105: A tariff raises the price of the

Q106: Which of the following statements is false?<br>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