Once a Country Has a Comparative Advantage in Producing a Product

question 13

True/False

Once a country has a comparative advantage in producing a product, it cannot lose that advantage.

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Definitions:

Affirmative Decision

A positive or confirming choice or resolution made after considering various options or arguments.

Introductory Paragraph

The initial section of a written document or article that provides an overview of the topic and outlines the main points to be covered.

Equal Credit Opportunity Act

A law that prohibits discrimination in the credit industry based on race, color, religion, national origin, sex, marital status, age, or receipt of public assistance.

Consumer Credit Protection Act

A federal law that was enacted to ensure fair and honest credit practices, including provisions for the disclosure of credit terms.