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Question 25

A country is said to have absolute advantage when she

  • A. can sell to other countries without buying from them
  • B. has a higher opportunity cost in the production of a god
  • C. has a lower opportunity cost in the production of a good
  • D. can produce more of any good with fewer resources
Objective

Question details

Exam body
BUK
Subject
Economics
Year
2016/2017
Question no.
#25
Type
Objective
Previous · Q24Fiscal policy is the government's plan to control aggregate demand by… Next · Q26 The final stage in the production process of any commodity involves its movement…

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