which of the following characteristics relate to splitting up the value chain?\nwhen one nation can produce…

which of the following characteristics relate to splitting up the value chain?\nwhen one nation can produce a product at lower cost relative to another nation.\nthe goods in which a nation has its greatest productivity advantage or its smallest productivity disadvantage; also, the goods that a nation can produce at a lower cost when measured in terms of opportunity cost.\ninternational trade of goods within the same industry.\nwhen many of the different stages of producing a good happen in different geographic locations.\nquestion 25\n2 pts\nopportunity cost is whatever must be given up to obtain something that is desired.\na. true\nb. false

which of the following characteristics relate to splitting up the value chain?\nwhen one nation can produce a product at lower cost relative to another nation.\nthe goods in which a nation has its greatest productivity advantage or its smallest productivity disadvantage; also, the goods that a nation can produce at a lower cost when measured in terms of opportunity cost.\ninternational trade of goods within the same industry.\nwhen many of the different stages of producing a good happen in different geographic locations.\nquestion 25\n2 pts\nopportunity cost is whatever must be given up to obtain something that is desired.\na. true\nb. false

Answer

Brief Explanations:

Splitting up the value - chain refers to the situation where different production stages of a good occur in various geographic locations. Opportunity cost is defined as what must be given up to obtain something desired.

Answer:

Question 1: When many of the different stages of producing a good happen in different geographic locations. Question 2: A. True