A country ________ when it decides to use its resources to produce only the product in which it has an absolute advantage.

A. specializes
B. monopolizes
C. rejects trade
D. globalizes
E. achieves equilibrium


Answer: A

Business

You might also like to view...

Our central core or essence, a profound sense of who we are is?

a. Purpose b. Goals c. Observation d. Self-leadership

Business

_____ are the natural rewards associated with performing a task or activity for its own sake.

a. Intrinsic rewards b. Performance valences c. Motivational cues d. Physiological rewards e. Extrinsic rewards

Business

A committed fixed cost can be changed relatively easily at management discretion

Indicate whether the statement is true or false

Business

Abbreviations of academic degrees and religious orders are generally punctuated with _____

Fill in the blank(s) with correct word

Business