If a country has a lower opportunity cost of producing oranges, ...

[tth]

If a country has a lower opportunity cost of producing oranges, then this is:
 a. inefficient resource use.
  b. an absolute advantage.
  c. a tariff.
  d. a comparative advantage.
  e. a situation where oranges should be imported.

Question 2

Some cities finance their airports with a departure tax: every person leaving the city by plane is charged a small fixed dollar amount that is used to help pay for building and running the airport. The departure tax follows the:
 a. benefits-received principle.
  b. ability-to-pay principle.
  c. flat-rate taxation principle.
  d. public-choice principle.

[kaykay69]

Answer to Question 1

d

Answer to Question 2

a

[tth]

YES! Correct, THANKS for helping me on my review

[Hdosisshsbshs]

Thanks for the timely response, appreciate it