menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Applied International Economics
  4. Exam
    Exam 2: Why Countries Trade
  5. Question
    If a Country Has an Absolute Advantage in the Production
Solved

If a Country Has an Absolute Advantage in the Production

Question 44

Question 44

True/False

If a country has an absolute advantage in the production of all products then it makes no sense for it to trade with other countries.

Correct Answer:

verifed

Verified

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

Related Questions

Q39: Ricardo explained the law of comparative advantage

Q40: International trade in a single product:<br>A) would

Q41: based on the following information. A worker

Q42: Which of the following is not one

Q43: _ has a comparative advantage in the

Q45: The only difference between domestic trade and

Q46: If a country has a(n) _ advantage

Q47: Consider the information below for Namibia and

Q48: Abstraction is something that only occurs in

Q49: Suppose that the U.S. imports cloth from

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