Which situation best illustrates the concept of absolute advantage?

A. The total value of Japanese imports is greater than the total value

of the country's exports.

B. A French restaurant buys food from nearby farms to support the

local economy.

C. Most of the world's largest companies have operations in many

different countries.

D. A German factory can build more sports cars than foreign

factories.

Question

02-05-2022
Social Studies

Answered

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Which situation best illustrates the concept of absolute advantage?

A. The total value of Japanese imports is greater than the total value

of the country's exports.

B. A French restaurant buys food from nearby farms to support the

local economy.

C. Most of the world's largest companies have operations in many

different countries.

D. A German factory can build more sports cars than foreign

factories.

Sagot :

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