Question

many toys sold in the united states are imported from taiwan because the taiwanese can produce these products more efficiently than u.s. companies. this is an example of select one: a. absolute advantage. b. bilateral advantage. c. unilateral advantage. d. comparative advantage.

Explanation:

Absolute advantage occurs when a country can produce a good more efficiently (using fewer resources) than another country. Here, Taiwan can produce toys more efficiently than U.S. companies, which is an example of absolute - advantage. Comparative advantage is about lower opportunity - cost, and bilateral/unilateral advantage are not standard economic terms in this context.

Answer:

A. absolute advantage