If a Country Has Absolute Advantage in the Production of All

question 72

True/False

If a country has absolute advantage in the production of all goods, then it will have no incentive to trade.

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Definitions:

Zygote

The initial cell formed when a sperm cell from a male fertilizes an egg cell from a female, marking the beginning of a new organism's development.

Chromosome

One of the 46 molecules of DNA (in 23 pairs) that virtually every cell of the human body contains and that, together, contain all of the genes. Other species have more or fewer chromosomes.

Involuntary Response

A reflex or action that occurs automatically without conscious thought, often as a result of a stimulus.