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

question 156

True/False

In a two-good, two country world, if one country has an absolute advantage in the production of both goods, it must also have a comparative advantage in the production of both goods.

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Definitions:

Antiemetic

is a type of medication used to prevent or treat nausea and vomiting caused by various conditions, including chemotherapy and motion sickness.

Lithium

A chemical element used as a medication to treat bipolar disorder and help stabilize mood.

Maintain Normal Salt

The practice of regulating salt intake to prevent electrolyte imbalances and support overall cardiovascular health.

Pressured Speech

A speech pattern that is accelerated and difficult to interrupt, often occurring in manic episodes of bipolar disorder.