Multiple Choice
Which of the following statements about absolute and comparative advantage is not true?
A) If a country has a comparative advantage at producing a good, it can have an absolute advantage at producing another good.
B) If a country has an absolute advantage at producing a good, it can also have a comparative advantage at producing that good.
C) A country may have an absolute advantage at producing all goods.
D) A country may have a comparative advantage at producing all goods.
Correct Answer:

Verified
Correct Answer:
Verified
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