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Trade Occurs Only When a Country Has an Absolute Advantage

question 175

True/False

Trade occurs only when a country has an absolute advantage and not just a comparative advantage over another country.


Definitions:

Erythema

Redness of the skin caused by increased blood flow to the capillaries, often a sign of injury or inflammation.

Chlamydia Infection

A common sexually transmitted infection (STI) caused by the bacterium Chlamydia trachomatis, which can lead to serious reproductive and other health problems if left untreated.

Azithromycin (Zithromax)

A macrolide antibiotic used to treat a variety of bacterial infections by inhibiting bacterial protein synthesis.

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A broad-spectrum antibiotic used to treat various types of bacterial infections, especially those caused by bacteria resistant to other antibiotics.

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