Ithilium, a European country, is able to produce more electronics than Kilim, a North American country, even though both countries use the same amount of resources. Given this information, it can be deduced that Ithilium has:.
a. comparative advantage over Kilim.
b. higher trade surplus than Kilim.
c. absolute advantage over Kilim.
d. higher balance of payments surplus than Kilim.

c. absolute advantage over Kilim.  

Explanation:

Ithilium, a European country, is able to produce more electronics than Kilim, a North American country, even though both countries use the same amount of resources. Given this information, it can be deduced that Ithilium has absolute advantage over Kilim.  

Comparative advantage refers to when a company produces the same number of outputs with lower opportunity costs while absolute advantage is when a country produces more outputs from less resources.

In the scenario, we are not given opportunity costs and we are not looking at the costs of producing a unit of output but rather how much output a country can get from a given level of resources which is in line with the concept of Absolute Advantage.

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say it in english maybe we can

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.