In a Two-Good, Two Country World, If One Country Has

question 194

True/False

In a two-good, two country world, if one country has an absolute advantage in the production of both goods, it cannot benefit by trading with the other country.

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Definitions:

Giving Approval

The act of formally agreeing to or endorsing a plan, action, or idea.

Empathy

Identification with or sensitivity to another person’s feelings and problems.

Assertiveness

A communication style in which individuals express their thoughts and feelings in a direct, honest, and appropriate way.

Positive Communication

The practice of exchanging messages or information in a manner that is constructive, supportive, and encourages mutual understanding and collaboration.