Explain Whether the Following Statements Are True or False

question 125

Essay

Explain whether the following statements are true or false.
(A) Althaugh a caunty can have an absolute achyantage in the protuctian of all gadts, country cannot heve a comparative advantage in the prochuction of all godis.
(B) A caunty with a relatively high capital labor ratio is ceppital intensive.
(C) The theary of comparative atvantage exglains why all trade takes place.

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Definitions:

Closure

The act of bringing an emotional or psychological sense of resolution to a traumatic or significant event.

Depth Perception

The ability to see objects in three dimensions although the images that strike the retina are two-dimensional; allows us to judge distance.

Continuity

The unbroken and consistent existence or operation of something over a period of time.

Closure

The psychological feeling or process of resolving a traumatic or unsettling event, issue, or relationship.