Solved

If a Nation Has an Absolute Advantage in Producing a Good,then

Question 28

Multiple Choice

If a nation has an absolute advantage in producing a good,then it


A) will have a comparative advantage in producing that good.
B) will have no need to trade with other nations.
C) will always specialize in that good.
D) might or might not have a comparative advantage in producing that good.
E) will not have a comparative advantage in producing that good.

Correct Answer:

verifed

Verified

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

Related Questions