Resources Are Used More Efficiently If People, Regions, and Countries

Multiple Choice

Resources are used more efficiently if people, regions, and countries specialize in goods for which they have a(n) :

A) disincentive to trade with others.
B) higher opportunity cost.
C) absolute advantage in production.
D) comparative advantage in production.
E) None of the above. People, regions, and countries should learn to be self-sufficient.