"Comparative advantage" focuses on

a. savings from "bulk" trade among multinationals.
b. efficiency in international trade.
c. public-choice questions regarding relative efficiency.
d. game theory and the Nash Equilibrium.


b

Political Science

You might also like to view...

What does Horizontal Proliferation mean?

This occurs when a non-nuclear state decides to cross the threshold and acquire nuclear weapons This occurs when existing nuclear weapon states decide to further develop their nuclear arsenal This occurs when existing nuclear weapon states decide to reduce their nuclear arsenal This occurs when non-nuclear weapon states decide to begin developing nuclear technology for the purpose of generating energy

Political Science

When a bill comes to the floor of the House or Senate for a “yea,” “nay,” or “present” indication by members of Congress in order to be recorded, the process is called a(n) ______.

a. public forum b. roll-call vote c. congressional caucus d. open debate

Political Science

Which of the following is NOT an area in which state and local governments typically determine policy?

A. how schools are run B. defense against foreign threats C. where roads and bridges are built D. how land is used E. what social services are provided and to whom

Political Science

Which human rights NGO publicized the arrest of an outspoken critic of Gaddafi's rule in Libya and later provided much of the information relied upon by international media and governments?

a. Medicins Sans Frontiere b. International Red Cross c. Amnesty International d. Oxfam

Political Science