Multiple Choice
For two individuals who engage in the same two productive activities,it is impossible for one of the two individuals to
A) have a comparative advantage in both activities.
B) have an absolute advantage in both activities.
C) be more productive per unit of time in both activities.
D) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: When a country has a comparative advantage
Q41: Trade allows a country to consume outside
Q97: Adam Smith developed the theory of comparative
Q102: The principle of comparative advantage as we
Q104: Figure 3-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2178/.jpg" alt="Figure 3-1
Q105: If labor in Mexico is less productive
Q109: Figure 3-5 The graph below represents the
Q110: People generally choose to depend upon others
Q149: Assume for the United States that the
Q176: When each person specializes in producing the