Solved

Even Though Person a Has an Absolute Advantage Over Person

Question 60

Essay

Even though person A has an absolute advantage over person B both at producing good X and at producing good Y,it can still make sense for persons A and B to engage in trade involving goods X and Y.Explain why this is so.

Correct Answer:

verifed

Verified

In general,person B will have a comparat...

View Answer

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

Related Questions