Question and answer
The ability to produce a product most efficiently given all the other products that could be produced is called absolute advantage. comparative advantage. human capital. physical capital.
The ability to produce a product most efficiently given all the other products that could be produced is called : comparative advantage.
Expert answered|jeifunk|Points 12226|
Question
Asked 1/8/2014 2:38:44 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The ability to produce more of a given product using a given amount of resources is called: a. comparative advantage c. resource advantage b. absolute advantage d. technological advantage User: The law of comparative advantage states that a nation is better off when it produces goods and services for which it has the comparative advantage. How is a comparative advantage obtained? a. by increasing the amount of goods that are traded b. by producing only products with a high ...
Weegy: The law of comparative advantage states that a nation is better off when it produces goods and services for which it has the comparative advantage. A comparative advantage is obtained by producing a product with a lower opportunity cost. ] (More)
Question
Expert Answered
Updated 1/3/2014 3:40:51 AM
1 Answer/Comment
The ability to produce more of a given product using a given amount of resources is called: b. absolute advantage.

Added 1/3/2014 3:40:51 AM
All of the following are aspects of human capital EXCEPT: a. education b. man made goods c. experience d. skills
Weegy: All of the following are aspects of human capital EXCEPT: b. man made goods. (More)
Question
Expert Answered
Asked 1/2/2014 4:20:50 PM
0 Answers/Comments
Specialization in a nation leads to a. absolute advantage. c. international trade. b. self-sufficiency. d. comparative advantage.
Weegy: D. comparative advantage. User: The ability to produce more of a given product using a given amount of resources is called: a. comparative advantage c. resource advantage b. absolute advantage d. technological advantage Weegy: D. comparative advantage. User: the ability of one person or nation to produce a good at an opportunity cost that is lower than that of another person or nation Weegy: the ability of one person or nation to produce a good at an opportunity cost that is lower than that of another ... [ a good that is sent to another country ... ] User: What is the purpose of a voluntary export restraint? a. To limit the number of exports produced. b. To limit the number of goods exported to a specific nation. c. To increase the number of exports produced. d. To increase the number of goods exported to a specific nation. Weegy: The purpose of a voluntary export restraint is :To limit the number of goods exported to a specific nation. User: true or false Quotas are used to limit the amount of foreign goods that are imported. Weegy: ... true/false, matching 0 ... so dollar buys larger amount of foreign currency/goods ... import quotas. [ are limits on quantitities or total value of specific items ... ] User: A means of preventing a foreign product or service from freely entering a nation’s territory is called a boycott. blockade. trade war. trade barrier. Weegy: A means of preventing a foreign product or service from freely entering a nation’s territory is called a TRADE BARRIER. (More)
Question
Expert Answered
Asked 1/2/2014 4:21:45 PM
0 Answers/Comments
The cycle of increasing trade restrictions among nations is known as a _________. a. tariff war c. trade war b. quota war d. customs war
Question
Not Answered
Updated 265 days ago|10/6/2015 3:30:26 AM
1 Answer/Comment
The cycle of increasing trade restrictions among nations is known as a: TRADE WAR.
Added 265 days ago|10/6/2015 3:29:00 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [10/6/2015 3:30:18 AM]
The United States placed a limit on the number of cars that can be brought into the country for sale. This is an example of a. an import quota. c. a customs duty. b. a tariff. d. a voluntary export restraint.
Weegy: The United States placed a limit on the number of cars that can be brought into the country for sale. This is an example of: a. an import quota. (More)
Question
Expert Answered
Asked 1/2/2014 4:38:51 PM
0 Answers/Comments
25,632,195 questions answered
Popular Conversations
Evaluate. -|-7 3| User: A man invests a certain amount of money at ...
Weegy: Let the man invest an amount x at 2% interest. Then, [ he invests an amount (x+800) at 4% interest. Total ...
6/27/2016 12:18:08 PM| 3 Answers
Soviet armies fighting Germany benefited from a. Polish aid. b. cold ...
Weegy: Erwin Rommel was a German field marshal of World War II. User: America officially entered WWII on ...
6/27/2016 8:36:33 AM| 2 Answers
Which of the following terms could be applied to the United States ...
Weegy: Free press could be applied to the U.S. during the Cold War. User: Which of the following technologies was ...
6/27/2016 10:20:16 AM| 2 Answers
Cardiovascular exercise causes your lungs to breathe less ...
Weegy: Cardiovascular exercise causes your lungs to breathe less often. FALSE. Breathing rate increases during ...
6/27/2016 10:41:00 AM| 2 Answers
Weegy Stuff
S
P
L
Points 942 [Total 1603] Ratings 2 Comments 922 Invitations 0 Offline
S
Points 350 [Total 711] Ratings 2 Comments 330 Invitations 0 Offline
S
L
P
P
P
Points 156 [Total 3699] Ratings 0 Comments 156 Invitations 0 Offline
S
Points 137 [Total 418] Ratings 0 Comments 137 Invitations 0 Offline
S
Points 127 [Total 179] Ratings 0 Comments 127 Invitations 0 Offline
S
P
1
Points 107 [Total 852] Ratings 3 Comments 57 Invitations 2 Offline
S
Points 104 [Total 179] Ratings 1 Comments 94 Invitations 0 Online
S
L
Points 76 [Total 4196] Ratings 0 Comments 76 Invitations 0 Offline
S
Points 40 [Total 50] Ratings 1 Comments 30 Invitations 0 Offline
S
Points 32 [Total 139] Ratings 0 Comments 32 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.