The Theory of Absolute Advantage Suggests That Trade Is a Positive-Sum

question 97

True/False

The theory of absolute advantage suggests that trade is a positive-sum game in which all can gain to an even greater degree than the theory of comparative advantage.

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Definitions:

Susan Bordo

An American philosopher known for her works in feminist, cultural and body studies, particularly exploring the cultural representations of the body.

Genevieve Lloyd

A philosopher known for her work in feminist philosophy, and particularly for her analysis on the philosophy of time and gender.

Descartes

A French philosopher, scientist, and mathematician, known as the father of modern philosophy, who famously declared, "I think, therefore I am."

Plato

An ancient Greek philosopher who founded the Academy in Athens and is a pivotal figure in the development of Western philosophy, especially in terms of metaphysics, epistemology, and ethics.