I need help with my vocabulary thank

AutoSave . OFF A 6 . 5 65 - 1 OS 120 Chapter 33 Vocabulary - Saved to my Mac Q Home Insert Draw Design Layout References Mailings Review View Tell me Share Comments Comic San... 18 A Aa v AaBbCcDdE AaBbCcDC AaBbCcDdE AaBbCcDdl AaBbCcDdE AaBb( Paste BIU ab v LA v Emphasis Heading 1 Normal Strong Subtitle Title Styles Dictate Sensitivity Pane Vocabulary 33 International Trade Name: 1. absolute advantage 6. value chain 2. comparative advantage 7. tariff 3. splitting up the value chain 8. imports 4. intra-industry trade 9. Ricardo 5. gains from trade 10. WTO ( ) In more advanced countries, production is carried out in various stages. ( ) They are responsible for monitoring and enforcing multilateral trade agreements among 133 countries. ( ) Felt that if each country specializes in its comparative advantage, it will benefit from trade, and total global output will increase ( ) These are goods and services that are purchased from a foreign country. ( ) The benefit of exchanging goods and services between groups. ( ) This is the ability to produce a product using fewer resources than another group or country. ( ) This is the ability to produce more goods and services than another group or country as a result of more abundant resources. ( ) when a country is both a substantial exporter and a substantial importer of goods from the same industry. ( ) This is a tax imposed on goods coming into the country. ( ) The stages in the production of a final product is carried out at several different locations, often in different countries. Page 1 of 1 208 words Ox English (United States) Focus E 104%