Match the terms on the left with the definition in the column on the right

Match:
1 A) B) C) D) E) F) G) H) I) J) K) absolute advantage 2 A) B) C) D) E) F) G) H) I) J) K) principle of comparative advantage 3 A) B) C) D) E) F) G) H) I) J) K) production-possibility curve (ppc) 4 A) B) C) D) E) F) G) H) I) J) K) opportunity costs 5 A) B) C) D) E) F) G) H) I) J) K) increasing marginal costs 6 A) B) C) D) E) F) G) H) I) J) K) indifference curve 7 A) B) C) D) E) F) G) H) I) J) K) community indifference curves 8 A) B) C) D) E) F) G) H) I) J) K) terms of trade 9 A) B) C) D) E) F) G) H) I) J) K) labor-abundant 10 A) B) C) D) E) F) G) H) I) J) K) labor-intensive 11 A) B) C) D) E) F) G) H) I) J) K) Heckscher-Ohlin (H-O) theory			Answer choices for questions 1 through 11 A) states that a nation, like a person, gains from trade by exporting the goods or services in which it has its greatest comparative advantage in productivity and importing those in which it has the least comparative advantage. B) shows all consumption points at which utility equals some constant C) when a product's labor costs are a greater share of its value than they are of the value of other products. D) the price of a country's export good(s) relative to the price of its import good(s). E) when a country has a higher ratio of labor to other factors than does the rest of the world. F) states that countries export the products that use their abundant factors intensively G) the amount of one good which is given up in order to get more of another. H) As one industry expands at the expense of others, increasing amounts of the other goods must be given up to get each extra unit of the expanding output. I) when a country is able to produce a good at absolutely lower labor costs that the rest of the world. J) show all consumption points which represent constant economic well-being for a whole group. K) shows all the combinations of outputs of different goods that an economy can produce with full employment of resources and maximum productivity.