Multiple Choice
When Mik has an absolute advantage in the production of two goods over Tommy,Mik
A) is less productive than Tommy.
B) is better off if he does not engage in specialization and trade with Tommy.
C) is more productive in producing both goods than Tommy.
D) always has a comparative advantage over Tommy in the production of both goods.
E) cannot gain from trade with Tommy.
Correct Answer:

Verified
Correct Answer:
Verified
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