The Basis for Trade Is Comparative Advantage, Not Absolute Advantage

question 56

True/False

The basis for trade is comparative advantage, not absolute advantage.

---

Definitions:

Downward Social Drift

The theory that individuals with severe mental illness might decline in social status due to their symptoms, rather than the illness being more frequent in lower social classes.

Antisocial Behaviors

Actions that harm or lack consideration for the well-being of others; often associated with antisocial personality disorder.

Correlation Coefficient

A mathematical indicator showing how much two variables move in relation to each other.

Relationship

A relationship refers to a connection, association, or involvement between people, whether based on kinship, love, friendship, or other form of social commitment.