menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 2: The Economic Problem
  5. Question
    If Two Countries Specialize in the Production of Goods in Which
Solved

If Two Countries Specialize in the Production of Goods in Which

Question 131

Question 131

True/False

If two countries specialize in the production of goods in which they have a comparative advantage, they can experience gains from trade.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q126: The more we have of a good

Q127: When operating on its PPF, a country

Q128: Marginal cost<br>A) increases as more is produced.<br>B)

Q129: Increasing opportunity cost implies that<br>A) producing additional

Q130: Jane produces only corn and cloth. Taking

Q132: Production efficiency means that<br>A) scarcity is no

Q133: The marginal benefit from a good is

Q134: BAE, a British defense company, has the

Q135: Claire and Dag are farmers who produce

Q136: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Consider the PPF

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines