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If a Person Has an Absolute Advantage in Some Activity,she

question 24

True/False

If a person has an absolute advantage in some activity,she must have a comparative advantage in that activity as well.


Definitions:

Bloodletting

An historical medical treatment involving the withdrawal of blood from a patient to cure or prevent illnesses, now mostly obsolete due to its ineffectiveness and risk.

Medieval Times

A historical period in Europe lasting from the 5th to the late 15th century, characterized by feudalism, castles, and knights.

Herbs

Plants with savory or aromatic properties that are used for flavoring food, medicinal purposes, or fragrances.

Inoculations

The process of introducing a vaccine into the body to produce immunity to a specific disease.

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