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.

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Definitions:

Prosody

The aspect of speech that involves rhythm, stress, and intonation patterns, contributing to the conveyance of meaning and emotion in spoken language.

Tone Of Voice

The vocal quality, pitch, and emotion used during conversation that affects the meaning of the message.

Tinnitus

A common condition involving the perception of noise or ringing in the ears, which is not caused by an external sound.

Subjective

Relating to or denoting a perspective which is based on personal feelings, tastes, or opinions, rather than external facts or evidence.