If a Nation Has an Absolute Advantage in Producing a Good,then

question 28

Multiple Choice

If a nation has an absolute advantage in producing a good,then it

• A) will have a comparative advantage in producing that good.
• B) will have no need to trade with other nations.
• C) will always specialize in that good.
• D) might or might not have a comparative advantage in producing that good.
• E) will not have a comparative advantage in producing that good.

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Definitions:

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