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A Person Who Has an Absolute Advantage in the Production

Question 122

Multiple Choice

A person who has an absolute advantage in the production of all goods will


A) also have a comparative advantage in the production of all goods.
B) not be able to gain from specialization and trade.
C) produce all goods at the lowest opportunity cost.
D) not have a comparative advantage in the production of any goods.
E) have a comparative advantage in the production of only some goods and not others.

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