When Mik Has an Absolute Advantage in the Production of Two

question 113

Multiple Choice

When Mik has an absolute advantage in the production of two goods over Tommy,Mik

• A) is less productive than Tommy.
• B) is better off if he does not engage in specialization and trade with Tommy.
• C) is more productive in producing both goods than Tommy.
• D) always has a comparative advantage over Tommy in the production of both goods.
• E) cannot gain from trade with Tommy.

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