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Given the Information in the Figure Above,Liz ________ Benefit from Trade

Question 46

Multiple Choice

Given the information in the figure above,Liz ________ benefit from trade with Joe because ________.


A) can; each of them has a comparative advantage in one of the goods
B) can; each of them has an absolute advantage in one of the goods
C) cannot; she has an absolute advantage in both goods
D) cannot; she has a comparative advantage in both goods
E) can; Joe is more productive in producing one of the goods

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