Assume that Australia has a comparative advantage in producing surfboards and New Zealand imports surfboards from Australia. We can conclude that: a. Australia also has an absolute advantage in producing surfboards relative to New Zealand.
b. Australia has a lower opportunity cost of producing surfboards relative to New Zealand.
c. New Zealand has an absolute disadvantage in producing surfboards relative to Australia.
d. Labor costs are higher for surfboard producers in New Zealand than in Australia.

answer; that person may have a larger tax bill to pay on income taxes;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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