If a Country Has an Absolute Advantage in Producing a Good,_____

question 144

Multiple Choice

If a country has an absolute advantage in producing a good,_____.

• A)the country is able to produce that good using fewer resources than other countries
• B)the opportunity cost of producing the good is the lowest in that country
• C)the productivity of workers in that country is lower than that in all countries
• D)the country produces as many units of the good as demanded domestically
• E)countries of the same size have the same opportunity cost of producing both goods

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Definitions:

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