When facing a decision that comprises several attractive alternatives, such a scenario automatically poses a trade-off. Each alternative involves certain pros and cons, and choosing one means rejecting the positive outcomes provided by others.
The opportunity cost comprises the benefits lost when choosing one alternative over the others. Therefore, the alternative with the lowest opportunity cost is the optimal choice.
I remember having this question in my text book several years ago. If you had provided a picture of the text book that would be helpful
Explanation:
"Simon Bolivar was a Criolle who tried to use Enlightenment ideas to support the revolution; he traveled to Europe and brought back Francisco de Miranda; at their return trade restrictions were lifted and eventually slavery was abolished"
The answer is boycott of British goods. The boycott of British merchandise were a progression of boycotts for British acts in American settlements which prompted the American revolution. The motivation behind why Britain forced tax assessment on the states was a direct result of the misfortunes looked in the French-Indian war. The British needed to gather cash since they had acquired cash from others and expected to pay it back.
The most important role of the Parthians in the Silk Road trade was their ability to provide Chinese silk to the Romans, who had a seemingly endless appetite for this material.