Q9. If country ABC can produce a unit of good 1 withfewerresources than can countryXYZ, it is correct to say that country ABC

A.

has acomparative advantage in producing good 1.

B.

has anabsolute advantage in producing good 1.

C.

will not wish to trade good 1 with country XYZ.

D.

will export good 1.

Q10. In economicterminology, the inputs used to produceoutput are referred to as

A.

tangibles.

B.

durables and nondurables.

C.

factors of production.

D.

services.