According to the theory of absolute advantage, which of the following is true of a nation with free trade?
A. A nation gains by specializing in economic activities in which it has an absolute advantage.
B. A nation gains absolute advantage by restricting trade with other countries.
C. A nation gains tremendously by focusing on economic activities in which it has a comparative advantage.
D. A nation will develop absolute advantage based on its locally abundant factors.
Answer: A
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Bob was struggling to make a decision. He had a ton of information that he had compiled from the team and he was feeling bogged down in the details. Which category of listener was he expressing?
A. people-oriented listener B. action-oriented listener C. content-oriented listener D. time-oriented listener
Which of the following is not an advantage that pure digital news sites have over print newspapers?
A. They have a lower cost structure. B. They can create new work flows and business processes that are more timely and efficient. C. They offer higher quality journalism. D. They can take advantage of newer technologies for producing the news.
The inability of the insured to perform some but not all of the important duties of his or her occupation is called
A) residual disability. B) total disability. C) recurrent disability. D) partial disability.
If Sheree, a county commissioner, threatened Brent that unless she received a 15 percent interest in his proposed development she would use her influence to prevent approval of the development, she has committed criminal extortion
Indicate whether the statement is true or false