Metadata
Business & Economics Undergraduate Understand Medium-
Subject
Business & Economics
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Education level
Undergraduate
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Cognitive goals
Understand
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Difficulty estimate
Medium
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Tags
comparative advantage, absolute advantage, opportunity cost, specialization, international trade, gains from trade
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Number of questions
5
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Created on
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Generation source
Fully autonomous and synthetic. Generation by GENO 0.1A using GPT-5-mini
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License
CC0 Public domain
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Prompt
Assess students' understanding of absolute and comparative advantage by asking them to define both concepts, compute opportunity costs from simple production possibilities, determine which country or firm should specialize, explain gains from trade and mutually beneficial terms of trade using numerical examples, and discuss basic policy implications (e.g., trade barriers, welfare effects) in a Ricardian context.
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.