题目
题目

MUF0062 Economics Unit 2 - Semester 2, 2025 Quiz: Absolute and Comparative Advantage (10 - 12 minutes)

单项选择题

What is absolute advantage?

选项
A.a. An advantage obtained by a firm who has been given cash subsidies from the government
B.b. An advantage a country has when they are able to produce a product using fewer resources than another country
C.c. The advantage that one country has over another when they possess a greater quantity of resources
D.d. An advantage a country has when they are able to produce a product at a lower opportunity cost than another country
查看解析

查看解析

标准答案
Please login to view
思路分析
Understanding the concept being asked is key before evaluating each choice. Option a: 'An advantage obtained by a firm who has been given cash subsidies from the government' This describes a financial subsidy or government support to a firm, not the economic concept of absolute advantage. It confuses policy support with productive efficiency, so it is incorrect as a definition of absolute adv......Login to view full explanation

登录即可查看完整答案

我们收录了全球超50000道考试原题与详细解析,现在登录,立即获得答案。

类似问题

When one producer can create more of a good than another producer using the same quantity of resources, the first producer has:

Jack has an absolute advantage in producing widgets, when:

Question at position 2 Which of the following is true of the absolute advantage theory of international trade? It emphasizes relative advantage in one economic activity that one nation enjoys in comparison with other nations. It divides the countries of the world into three categories based on innovation.It advocates extensive government intervention in international trade.It was the first theory that advocated free trade.

Question at position 1 Which of the following ideas is closely linked to the theory of absolute advantage? All international trade must be closely regulated by governments. Free market forces should determine how much to trade with minimal government intervention. Governments should actively protect domestic industries from imports and vigorously promote exports. Nations should specialize in economic activities in which they have comparative advantage.

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！