Trade Is Based on Absolute Advantage

question 39

True/False

Trade is based on absolute advantage.

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Definitions:

Compound

A substance formed from two or more elements chemically united in fixed proportions.

Chloromethane

A colorless, flammable gas with a slight sweet odor, used in the production of silicones and butyl rubber.

Ethyne

A hydrocarbon compound with the formula C2H2, also known as acetylene, used as a fuel and a chemical building block.

Double Bonds

Chemical bonds between two chemical elements involving four bonding electrons instead of the usual two.