Solved

Which of the Following Is an Example of Absolute Advantage

Question 23

Multiple Choice

Which of the following is an example of absolute advantage?


A) Since Turkey controls the Bosporus Strait,the countries on the Black Sea are completely dependent on it for access to the Mediterranean.
B) Portugal is better at producing wine than producing cloth.
C) The United States makes software more efficiently than any other country.
D) Labor can more easily move between industries than can capital.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions