When a country can produce a larger amount of a good or service for the same amount of inputs as another country or when it can produce the same amount of a good or service using fewer inputs than another country is known as the theory of:

a. absolute advantage
b. comparative advantage
c. resource endowment
d. Both 1 and 3.

Answer: a. absolute advantage

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Because the ________ Act (enacted in 1890 ) was aimed at monopolies that called themselves trusts, it was called a(n) ________ statute

A) Clayton; antitrust B) Clayton; fiduciary C) Sherman; antitrust D) Sherman; fiduciary

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Conducting a blood, urine, or breath test is considered a search under which

amendment to the U.S. Constitution? a. First b. Second c. Fourth d. Fifth

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