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Suppose That Only Two Goods Are Produced in an Economy

Question 62

Multiple Choice

Suppose that only two goods are produced in an economy.If a country possesses the comparative advantage in the production of one good then it:


A) must also possess the comparative advantage in the production of the other good.
B) must also possess the absolute advantage in the production of that good.
C) cannot also possess the comparative advantage in the production of the other good.
D) cannot also possess the absolute advantage in the production of that good.

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