11
QuizMultiple Choice

The Global Economy — Test

Question 11 • Economics and Personal Finance

A country with an absolute advantage can produce a good or service

Answer
A
in twice the time as another country.
B
more efficiently than another country.
C
more slowly than another country.
D
less efficiently than another country.

Explanation

Absolute advantage means a country can produce a good or service more efficiently than another country, typically by using fewer resources or producing more with the same resources. Therefore, the correct choice is “more efficiently than another country.”

AI-written and checked against the verified answer.

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