If a Country Has an Absolute Advantage in Both Items

question 84

True/False

If a country has an absolute advantage in both items when compared to another country, there can never be any benefit for them to trade.

---

Definitions:

Federal Grant Programs

Government initiatives that provide financial support to individuals, institutions, or governments for a specific purpose, often to fund projects or research.

Organizational Autonomy

The degree to which an organization can set its own policies and make decisions without external control.

Block Grants

A form of financial aid from a central government to a regional or local authority which can be used at the discretion of the recipient for a wide range of purposes within broad categories.

Federal Government

The national government of a federation, which holds the authority to govern a nation as a whole, distinct from local or state governments.