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If One Country Has an Absolute Advantage in Every Commodity

question 121

True/False

If one country has an absolute advantage in every commodity, there is no reason for it to trade.


Definitions:

Reinforced

Strengthened or supported, especially in terms of structure, behavior, or beliefs.

Dishabituated

The process of responding to an old stimulus as if it were new again, typically after the stimulus has not been presented for a period of time.

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A child care service specifically designed for the care and development of young children.

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Very young children, typically under one year of age, who are at the earliest stage of human life.

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