If There Is No Comparative Advantage in the Production of Either

question 109

Multiple Choice

If there is no comparative advantage in the production of either of the two goods produced by countries 1 and 2,then

• A) the benefits resulting from trade between the two countries are increased.
• B) there are no gains from specialization and trade between the two countries.
• C) one country must be more productive in producing all goods than the other.
• D) each country should specialize in the production of a particular good.
• E) none of the above

---

Definitions:

Acculturate

The process of adopting the cultural traits or social patterns of another group, often occurring as a result of prolonged contact.

Visible Minorities

Visible minorities are individuals of a race or ethnicity that is different from the caucasian or white majority population, a term often used in certain countries for statistical purposes.

Statistics Canada

The national statistical office of Canada, responsible for producing statistics that help understand the social, economic, and environmental issues facing Canada.

Diversity

An anti-oppression framework built on principles that value social equity, social justice, and social inclusion.