According to the Theory of Comparative Advantage, Specialization and Free

Multiple Choice

According to the theory of comparative advantage, specialization and free trade will benefit

A) only that trading party that has both an absolute advantage and a comparative advantage in the production of all goods.
B) all trading parties, even when some are absolutely more efficient producers than others.
C) only that trading party that has an absolute advantage in the production of all goods.
D) only that trading party that has a comparative advantage in the production of all goods.