The use of specialization to achieve economies of scale is one reason modern societies are as prosperous as they are

If the _______ differ between two countries, this suggests the possibility for mutually advantageous trade.

A) opportunity costs B) marginal costs C) absolute costs D) fixed costs

Abercrombie & Fitch wants to raise $8 million to finance the construction of a new store, and the company wishes to raise the funds through direct finance. Which of the following methods could it use?

A) It could sell $8 million in bonds. B) It could borrow $8 million from a bank. C) It could issue $8 million in stocks. D) It could choose either A or C.