Multiple Choice
Which of the following statements about absolute and comparative advantage is not true? A country may have:
A) a comparative advantage but not an absolute advantage in the production of a good.
B) an absolute advantage but not a comparative advantage in the production of a good
C) the absolute advantage in the production of all goods.
D) neither absolute nor comparative advantage in the production of any goods.
Correct Answer:

Verified
Correct Answer:
Verified
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