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(Figure: Gadgets and Widgets) the Graph Shows the Production Possibilities

question 249

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(Figure: Gadgets and Widgets) The graph shows the production possibilities for two countries, A and B. Which statement is correct? (Figure: Gadgets and Widgets)  The graph shows the production possibilities for two countries, A and B. Which statement is correct?   A)  Country A has the absolute advantage in both products. B)  Country B has the absolute advantage in widgets. C)  Country B has the comparative advantage in gadgets. D)  There are no gains from trade.


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